However, on any portion of the unsubsidized loan, interest must be paid by the student, at the current rate, while the student is enrolled in school. Otherwise, all terms and conditions of the loans under the subsidized Federal Stafford Loan program apply to unsubsidized Federal Stafford Loans. Students who meet the federal requirements for independent student status may be eligible to receive additional funding through the unsubsidized Federal Stafford Loan Program. The Federal PLUS Loan is a program through which a parent may borrow on behalf of a dependent student if the parent is determined to have a satisfactory credit history. The amount of the PLUS loan may not exceed cost of attendance minus any estimated financial assistance the student has or may receive during the period of enrollment.
Interest begins to accrue and repayment begins upon disbursement of the loan.
Applications should be obtained at participating banks.