Current Events Financial Aid Programs Federal Financial Aid Programs Federal Pell Grant. Federal Stafford Loan.
Interest rate is variable and adjusted each year.
Government pay the interest while you are enrolled and during your grace period. Unsubsidized loan - you are responsible for interest payments. Loan funds are available to credit worthy parents of dependent students. These loans are not based upon financial need and parents may borrow up to the cost of attendance minus financial aid annually for each dependent student enrolled in an undergraduate program. The interest rate is variable and repayment for the PLUS loans generally begins sixty days after disbursement of the loan.