There are three types of federally guaranteed student loans. First, there is the Subsidized Federal Stafford Loan. Eligibility for this particular loan type is based on financial need, and the government is responsible for paying the interest on these loans while the student is enrolled at least half time (12 hours) at an accredited institution of higher learning.

The second type is the Unsubsidized Federal Stafford Loan eligibility for which is based on cost of attendance. Under this type of loan the borrower is responsible for paying all interest which accrues.

The third is the Federal PLUS Loan. This loan is available to parents of dependent students. Like the Unsubsidized Stafford loan, eligibility is based upon the cost of attendance and interest is paid by the borrower.

You can request a Student Loan Application by either emailing doriss@amnat.com or by simply calling American National Bank at (940)397-2300 and ask for Doris Steinberger. If you're in the neighborhood, please stop by our main office located at 2732 Midwestern Parkway, Wichita Falls, Texas or visit one of our branch offices located at 8th and Scott Street in downtown Wichita Falls, 219 W Park in Iowa Park, Texas, or 1201 Cross Timbers in Flower Mound, Texas.

When your application has been completed, simply take it to the Financial Aid Office at your school for processing. The Financial Aid Administrator will help you determine the programs and amounts for which you are eligible. If you already have an application, be sure to fill in the American National Bank Lender ID Number 833258000.

Should you have any questions regarding student loans please leave an E-Mail message or telephone. We're here to help. Good luck with your education, it's the best investment you'll ever make.