These are additional unsubsidized Federal Stafford Loan amounts. If your parents have been denied a Federal PLUS Loan, or if you are an independent undergraduate or graduate student, this loan may be available to you. You must repay this aid. Dependent students whose parents are denied a Federal PLUS Loan could be eligible for additional funds under this program. Need analysis required.
Interest is due while in school and during grace period, but can be postponed.
Check with your lender for their terms. Students can choose to pay the interest during their grace period. Deadlines Loan applications will be accepted throughout the school term. To be sure you get your funds when you need them, ask your Financial Aid Administrator for recommended deadlines. Interest Rate Click HERE for current rates.