Entrance and Exit Interviews Federal law requires that when you borrow through the Federal Stafford Loan program for the first time, you must complete an entrance interview. In addition, when you graduate, withdraw, or enroll less than half-time, you must complete an exit interview. During these brief meetings, a representative of the Financial Aid Office will explain your rights and responsibilities under this program. The Unsubsidized Federal Stafford Loan provides students, who do not qualify for all or part of the Federal Stafford Loan due to need restrictions, the opportunity to borrow a low interest loan. The distinguishing feature of the Unsubsidized Federal Stafford Loan is that the interest must be paid by the student, on a quarterly basis, while the student is enrolled in school.
Principal payments start six months after the student leaves school or drops below half-time status.
Application procedures are identical to those for a Federal Stafford Loan. Financial aid, regardless of its source, may not be automatically renewable. It is your responsibility to obtain the application forms and submit them once each academic year. In the event of any difficulty, students should contact the Director of Financial Aid. Graduate Assistantships Graduate assistantships are available to qualified incoming graduate students.