Discover Federal Stafford Loans
Stafford Loans are affordable government sponsored loans
with a fixed interest rate of 6.8% or lower. Discover
Federal Stafford Loans have a 0.25% Auto Debit Reward.
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Discover Federal PLUS Loans (for Parents)
Federal PLUS Loans supplement other aid, to cover 100% of your student’s
college expenses. Discover Parent PLUS Loans have a fixed interest rate
of 8.50% and a 0.25% Auto Debit Reward.
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Borrowers are encouraged to consider federal loans, which may be less expensive, before applying for a private loan.
