Federal Direct Unsubsidized Stafford Loan

This is a Federal Student Loan program.

Who may apply: Students in all programs who meet the special qualifications.

Special Qualifications: Students must:

• Be enrolled at least half-time. (6 credit hours for most programs)
• Be a U.S. Citizen or Permanent Resident.

Maximum: $12,000 per academic year for graduate students; $32,000 per academic year for 1st and 2nd year medical and podiatry students; $38,666 per academic year for 3rd and 4th year medical and podiatry students. Maximum aid is available only within rules of eligibility and students´ individual Cost of Attendance.

Interest:

• Begins to accrue as soon as loan is disbursed
• 6.8% fixed interest rate

Fees: may charge up to 3% in Origination and Guarantee Fees Repayment Options:

• http://studentaid.ed.gov/PORTALSWebApp/students/english/OtherFormsOfRepay.jsp

Postponing Repayment:

• http://studentaid.ed.gov/PORTALSWebApp/students/english/difficulty.jsp

Contact the Financial Aid Office:     (847) 578-3217