Unsubsidized Stafford Loan

This is a federally funded loan that is provided to students through the U.S. Department of Education. This loan does NOT require unmet financial need; however, the student still must complete the FAFSA. The student must be enrolled at least half time (six credit hours) and is responsible for the interest while the loan is in deferment and during the six-month grace period. The student may pay the interest while in school or may contact the loan servicing center to request that the interest be deferred until the time of repayment.

Generally, dependent students enrolled in a certificate program or a degree program without having completed 30 credit hours may borrow up to $5,500 per year in combined subsidized and unsubsidized loans, not to exceed the cost of attendance less other financial aid. Students with more than 30 credit hours in a degree program at the time of application may borrow up to $6,500 per year in combined subsidized and unsubsidized loans, not to exceed the cost of attendance less other financial aid.

Independent students who are freshmen or sophomores may borrow up to an additional $6,000 per academic year, juniors and seniors an additional $7,000 per academic year, not to exceed the cost of attendance less other financial aid.