Subsidized / Unsubsidized Student Loans
Subsidized / Unsubsidized Student Loans. These loans are awarded through the Federal Direct Loan Program. An origination fee of 1.0% is deducted by the federal government for processing student loans. The maximum loan amount is $3500 per academic year for the Subsidized Student Loan (qualification necessary) and $9500 for the Unsubsidized Student Loan.
All students must demonstrate financial need for Subsidized Student Loans. The Unsubsidized student loans do not need to show financial need. Repayment begins six months after graduating.