We consider a quantum corrected inflation scenario driven by a generic GUT or Standard Model type particle model whose scalar field playing the role of an inflaton has a strong non-minimal coupling to gravity . We show that currently widely accepted bounds on the Higgs mass falsify the suggestion of the paper arXiv:0710.3755 ( where the role of radiative corrections was underestimated ) that the Standard Model Higgs boson can serve as the inflaton . However , if the Higgs mass could be raised to \sim 230 GeV , then the Standard Model could generate an inflationary scenario with the spectral index of the primordial perturbation spectrum n _ { s } \simeq 0.935 ( barely matching present observational data ) and the very low tensor-to-scalar perturbation ratio r \simeq 0.0006 .