Direct Unsubsidized Loans

Direct Unsubsidized Loans are available to undergraduate and graduate students.

• There is no requirement to demonstrate financial need.
• Your school determines the amount you can borrow based on your cost of attendance and other financial aid you receive.
• You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.
• If you choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan).

Learn more about Unsubsidized Loans.

 

 

Learn more about student loans and how much to borrow at College Money Matters.