Unsubsidized Direct Loan

The Federal Direct Unsubsidized Loan is not based on financial need.  While a student is in school, in deferment or forbearance, interest on the disbursed amount of the loan accrues.  Students can pay their accrued or capitalized interest while in school if they would like.

A student is responsible for the accrued interest during all periods.  

See the Direct Loan Interest Rates and Direct Loan Origination Fees tables for rate and fee details.  More information about the federal loan programs are available at studentaid.gov.