Direct Stafford Loan Terms

 

Subsidized

UnsubsidizedOrigination Fee (1.062%)1Grace Period2
Dependent Undergraduates 5.05% 5.05% $79 6 months
Independent Undergraduates3 5.05% 5.05% $132 6 months
Graduate Students N/A 6.60% $218 6 months

Medical and Dental Students
N/A 6.60% $430 6 months

1Total fee listed based on full acceptance of loans. Fee applies to loans first disbursed between Oct. 1, 2018 and Oct. 1, 2019. 
2Amount of time after student graduates, drops below half-time status, or leaves school before first payment is due