Federal Direct Unsubsidized Loan

Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students, but the student does not have to demonstrate financial need to be eligible for the loan. Students who have unmet costs after all other financial aid resources are considered may qualify for a Federal Direct Unsubsidized Loan. Interest is accruing from the time the loan is disbursed to the time it is paid in full. Students must be enrolled at least half-time to receive a Federal Direct Loan. To learn more about the difference between a subsidized and unsubsidized Federal Direct Loan click here.