Subsidized vs. Unsubsidized Loans
Direct Subsidized Loan |
Direct Unsubsidized Loan |
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Based on financial need | Not based on financial need |
The federal government pays the interest on the loan while you are enrolled in school at least half-time. | Interest begins accumulating as soon as funds are disbursed until the loan is paid in full. Accrued interest will be added to the balance of the loan. (You are not required to pay the interest while you are in school, but we recommend that you do.) |
Undergraduate student fixed interest rates:
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Undergraduate student fixed interest rates:
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*Graduate students are not eligible to receive Direct Subsidized Loans. | Graduate student fixed interest rates:
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Origination fees:
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Origination fees:
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