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Federal Direct Subsidized & Unsubsidized Stafford Loans

Federal Direct Subsidized & Unsubsidized Stafford Loans

Determined by FAFSA and grade level.

Subsidized Stafford loans are available to undergraduate students who demonstrate financial need and are enrolled at least half-time. Unsubsidized Stafford loans are available to students who do not demonstrate need, but still wish to borrow.  The Financial Aid Office makes the determination of eligibility using the results of the Free Application for Federal Student Aid (FAFSA). - All borrowers must complete a Master Promissory Note (MPN) and first-time borrowers must also complete Entrance Counseling.

Renewability & Repayment


Repayment:  Begins six months after graduating, dropping below half-time, or withdrawing from school. Several repayment options are available. Contact your loan servicer to determine what payment option is best for your situation.

Student borrowers are not charged interest while attending school at least half-time, during deferments, and sometimes during grace periods. 

Interest Rate & Fees*: visit the Federal Student Aid website for current interest rates and fees.

*Subject to change due to federal legislation.

The borrower is responsible for the interest that accrues beginning the day the first disbursement occurs. Borrowers can choose to pay interest or have it deferred until repayment begins. If deferred, the outstanding accrued interest will be capitalized or added to the principle of the loan. If you wish to make interest-only payments, contact your loan servicer.

Limits: Annual Aggregate Loan Limits based on the number of hours the student has successfully completed:

 Dependent Students  Base Amount  Additional Unsub  Total
 Freshman (0 - 29 credits)  $3,500  $2,000  $5,500
 Sophomore (30 - 59 credits)  $4,500  $2,000  $6,500
 Junior-Senior (60+ credits)  $5,500  $2,000  $7,500


NOTE:  Undergraduate Dependent Students whose parents are denied a Parent PLUS loan are able to borrow the same amount of loans as an Independent undergraduate student.

 Independent Students  Base Amount  Additional Unsub  Total
 Freshman (0 - 29 credits):  $3,500  $6,000  $9,500
 Sophomore (30 - 59 credits):  $4,500  $6,000  $10,500
 Junior-Senior (60+ credits):  $5,500  $7,000  $12,500
 Graduate Student  $0  $20,500  $20,500


Total Aggregate Limits

Dependent Undergraduate Students:  $31,000 (subsidized and unsubsidized combined of which $23,000 can be subsidized)

Independent Undergraduate Students:  $57,500 (subsidized and unsubsidized combined of which $23,000 can be subsidized)

*Graduate/Professional Students:  $138,500 (subsidized and unsubsidized combined of which $65,500 can be subsidized). Starting July 1, 2012, graduate students are only eligible to receive Unsubsidized loans.

NOTE:  Undergraduate loans for both dependent and independent students are subject to proration.

For more information about student loans visit

What Is the National Student Loan Data System (NSLDS)?

The NSLDS is the U.S. Department of Education's central database for student aid. A student and/or parent is able to track all of his/her federal financial aid received through this database and review loan and grant history. It also provides:

  • loan servicer contact information
  • information on the amount borrowed
  • information on interest accumulated, etc.

You will need your FSA ID to log in. If you need assistance with your FSA ID, please watch this tutorial.


Apply for the FAFSA.