Direct Unsubsidized Loan

Direct Unsubsidized Loan

Offers the same terms, conditions, and interest rates as the Direct Subsidized Loan program, except the student assumes responsibility for payment of the accrued interest while in school and during the loan period.  This loan program is available to students who do not qualify, or qualify only in part, for a Direct Subsidized Loan.  Independent students are eligible for amounts equal to the direct Subsidized Loan limits up to $6,000 per academic year for freshmen and sophomores.