skip to main content columnskip to left navigationskip to horizontal navigation

Office of Financial Aid

Division of Student Life and Enrollment

Student Loan Information

  Federal Direct Subsidized Loan Federal Direct Unsubsidized Loan Federal Direct PLUS Loan (Parent or Grad/Professional)
Interest Rates
(loans disbursed on or after July 1, 2019 and before July 1, 2020)
4.53% (Fixed) Undergraduate: 4.53% (Fixed)
Graduate: 6.08% (Fixed)
7.08% (Fixed)
Interest During School Deferred Accrues if not paid Accrues if not paid
Repayment Grace Period
(after graduating/ leaving school/ dropping below half time)
6 months 6 months Must apply to Direct Loans for approval for deferred payments.
Processing Fee
1.062% 1.062% 4.248%
FAFSA Required Yes Yes Yes
Satisfactory Academic Progress Standards must be met Yes Yes Yes
Borrower Type Undergraduate Students Undergraduate & Graduate Students Parents of Dependent Undergraduate Students and Graduate/Professional Students


Please refer to the Student Aid Website if you have further questions.

icon for left menu icon for right menu