No payments are due while the student is in school. There also is a grace period of six months after the completion of studies. The Unsubsidized Federal Stafford Loan can be made in conjunction with a subsidized Federal Stafford Loan as long as the maximum annual or aggregate loan limits for Federal Stafford Loans have not been exceeded. Postponement of Repayment Principal is not due while the student is in school or during the grace period of six months. Interest may be paid while in school or may be postponed.
Students also can choose to pay their interest during their grace period.
Need Analysis required. Application and promissory note required. These are additional Unsubsidized Federal Loan amounts for independent, graduate and professional students. The student must repay this aid. Need Analysis required.