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Financial Aid: Keeping USF Affordable
Financial Aid: Understanding the Cost of Tuition

Federal Direct Stafford Unsubsidized Loans

Federal Direct Stafford Unsubsidized Loans may be offered to undergraduate and graduate students regardless of their financial need. When considering the amount you can borrow, we’ll take the cost of attendance and any other estimated financial aid into account.

Federal Direct Stafford Loans

Dependent Students
(whose parents were not denied a PLUS loan)
Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans Total Limit for Unsubsidized Loans (minus subsidized amounts)
First-Year Undergraduate (Freshman)  $3,500  $2,000  $5,500
 Second-Year Undergraduate (Sophomore)  $4,500  $2,000  $6,500
Third-Year and Beyond Undergraduate (Junior, Senior)  $5,500 $2,000  $7,500
Independent Students
(and dependent students whose parents were denied a PLUS loan)
Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans Total Limit for Unsubsidized Loans (minus subsidized amounts)
First-Year Undergraduate (Freshman)  $3,500 $6,000 $9,500
Second-Year Undergraduate (Sophomore)  $4,500 $6,000  $10,500
Third-Year and Beyond Undergraduate (Junior, Senior) $5,500  $7,000  $12,500
Graduate and Professional Students Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans  Total Limit for Unsubsidized Loans (minus subsidized amounts)
Graduate and Professional Students $0 $20,500 $20,500

Federal Direct Unsubsidized Loan Details

  • Interest Payment: The borrowers are responsible for interest during all periods, including in-school, grace, and deferment periods. Interest that accrues and is not paid during in-school and grace periods is capitalized when the loan enters repayment.
  • Interest Rates for Undergraduate students: For unsubsidized loans first disbursed between July 1, 2013 and June 30, 2014, the fixed interest rate will be 3.86% for all undergraduate borrowers and begins to accrue immediately upon disbursement.
  • Interest Rates for Graduate students: For unsubsidized loans first disbursed between July 1, 2013 and June 30, 2014, the fixed interest rate will be 5.41% for all graduate borrowers and begins to accrue immediately upon disbursement.
  • Loan Fee: Effective December 1, 2013, a loan origination fee of 1.072% will be subtracted from the gross amount of the loan by the Federal government. The fee is subtracted from the loan before it is disbursed.
  • Repayment: After you graduate, leave school or drop below half-time enrollment, you have a six-month grace period before you begin repayment. You may prepay all or part of a loan at any time without penalty. If you have more than one federal student loan, be sure to specify which loan you are prepaying.

Aggregrate Loan Limits- Federal Direct Stafford Loans

  Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans Total Limit for Unsubsidized Loans (minus subsidized amounts)
Dependent Students
(whose parents were not denied a PLUS loan
$23,000 $8,000      $31,000
Independent Students
(and dependent students whose parents were denied a PLUS loan)
$23,000 $34,500 $57,500
Graduate and Professional Students $65,500 (including undergraduate Stafford loans) $73,000 $138,500