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Stafford Loans

Among other aid options for Delaware students, outside the SEED scholarship include:

Pell Grant
The Federal Pell Grant Program supplies financial backing to undergraduate students. Eligibility is determined through the use of formulas and is based on the student's financial needs.

Federal Stafford Loan
A federal loan taken out by the student, a Federal Stafford Loan can be used to pay for direct educational costs that are not covered by grants. In order to be eligible for a loan, the borrower has to be enrolled at least half-time.

   Alternative Student Loans for College Financial Aid


Delaware Student Loan Resources

Delaware Student Loans,  loan for Delaware college students

  • Visit our page for private student loan lenders

  • SallieMae : Smart Option Student Loan

  • cuStudentLoans : cuScholar private loan

  • SimpleTuition : Private loan marketplace

  • Wells Fargo - Private student loans

  • Delaware Student Loans - local banks

  • Independence Federal Savings Bank (831036) - Washington, DC. 800-733-0473. (Stafford, PLUS)
  • Investment Savings Bank (828905) - Altoona, PA. 814-944-0843. (Stafford, PLUS)
  • MBNA  - Student Loans  - Wilmington, Delaware . 888-272-5543.  Federal Stafford Loans, PLUS Loan

Delaware SEED Scholarship Program

Graduating high school students in the state of Delaware in need of extra funds for college can apply for the Student Excellence Equals Degree (SEED) scholarship program. The scholarship offers assistance to full time college students enrolled in the Associate of Arts program at the University of Delaware or an associates degree program at Delaware Technical and Community College.

To qualify, students must maintain a 2.5 grade point average and have no felony convictions. Students must also be graduating from a Delaware high school and enroll in college by the fall semester.

The first step in applying for a SEED scholarship is to complete the Free Application for Federal Student Aid (FAFSA). You also need to apply for admission to DTCC or UD, depending on where you plan to go to school.

By filling out the FAFSA, the state can determine if a student is eligible for the scholarship. At that time, the student financial needs will also be reviewed to determine if he or she qualifies for a state or federal grant. Student loans will also be extended for those who qualify.

Private Student Loans
Students who exhaust their scholarship and U.S. Department of Education student aid options can also turn to outside lenders for a private student loan.

Executive Director, Delaware Higher Education Commission
820 North French Street, 5th Floor
Wilmington, DE 19801
(302) 577-3240

Copyright 2015