How can I find more information about Federal Direct Unsubsidized Loans for Graduate Student?

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How can I find more information about Federal Direct Unsubsidized Loans for Graduate Student?

Federal Direct Unsubsidized Loan for Graduate Students Direct Lending Master Promissory Note (Log into Manage my Direct Loan)

This loan allows all students regardless of federal financial aid eligibility who are enrolled for at least six credits per term to borrow up to $20,500 per academic grad level including any amount borrowed under the Federal Direct Unsubsidized Loan Program. The interest rate is 6.00% for the 2017-2018 academic year; however, interest accrual begins immediately during in-school and deferment periods. Interest accruing during those periods may be paid or capitalized.

Graduate students enrolled in a Post-Degree Certificate Program may be eligible for a total of $12,500 in Federal Direct Unsubsidized Loans per academic year.  Eligibility may be determined after reviewing the FAFSA and loan history.

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Topic Information
  • Topic #: 16125-32
  • Date Created: 07/01/2012
  • Last Modified Since: 03/02/2018
  • Viewed: 1905
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