Do federal Stafford student loans affect ones FICO credit score?

My score continues to drop each semester when my loans are reported to the credit reporting bureaus. They are in full time student deferrment status and are current in good standing.

Public Comments

1. Yes your FICO is dropping because each semester you are adding additional debt to your records and not because payments aren't being made because of deferrment.
2. yes Stafford student loans do affect your fico scores. Just like PJ said the more debt you accumulate, and not paying off (in your case deferment status) the credit bureaus analyze this has high risk because too many open accounts with high balances currently not being taken care of. Your best bet is, if possible, is to start paying the student loans that have the lowest balances at this time. Remember any open accounts that you have under your name are reported to the credit bureaus every 30 days. hope this helps!