Basic Information

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: $20,500 per academic year for graduate students; $40,500 per academic year for 1st year medical and podiatry students, and $33,000 per academic year for 1st year pharmacy 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 1% in Origination and Guarantee Fees

Website:

• http://studentaid.ed.gov/types/loans/subsidized-unsubsidized

Repayment Options:

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

Postponing Repayment:

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

Borrower Rights and Responsibilties:

• Federal Direct Unsubsidized Stafford Loan.pdf