Direct Stafford Loan Terms

 

Subsidized

UnsubsidizedOrigination Fee1Grace Period2
Dependent Undergraduates 2.75% 2.75% 1.057% 6 months
Independent Undergraduates3 2.75% 2.75% 1.057% 6 months
Graduate Students N/A 4.30% 1.057% 6 months
Medical and Dental Students N/A 4.30% 1.057% 6 months

1Fee applies to loans first disbursed between Oct. 1, 2020 and Sept. 30, 2021 (was 1.059% 10/1/19-9/30/20)
2Amount of time after student graduates, drops below half-time status, or leaves school before first payment is due