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DEC 20 

Last Day to Work Fall Work-Study

DEC 24-25 

Campus Closed

Federal Direct Subsidized and Unsubsidized Loan Features for Undergraduate Students

  • Subsidized loans are need-based and do not have interest accruing while you are in school or in deferment.
  • Unsubsidized loans may or may not be based on financial need and interest accrues while you are in school or in deferment.
  • Loan origination fee is 1.073%.
  • Repayment begins 6 months after you graduate, drop below half time, or withdraw. Learn more about managing repayment of your student loans.
  • Subsidized loans disbursed on or after July 1, 2012, and before July 1, 2014 are not eligible for subsidized interest benefits during the six-month grace period after a student graduates or falls below half-time enrollment. Interest will accrue during the grace period and will be capitalized if unpaid by the borrower.

Fixed Interest Rates

Date of First Disbursement Subsidized Unsubsidized
7/1/11 - 6/30/13 3.4% 6.8%
7/1/13 - 6/30/14 3.86% 3.86%
7/1/14 - 6/30/15 4.66% 4.66%