Summary of Federal Laws

 

Financial Aid Programs

 

Federal Unsubsidized Stafford Loan

 

20 U.S.C. § 1078-8

 

Provides loans to undergraduate and graduate students regardless of financial need.  The federal government does not provide interest benefits during in-school, grace or deferment periods.  The interest rate is variable, changing annually on July 1, and is the same rate offered under the Federal Stafford Loan.

 

 

 

 

 

 

 

 

 

 

 

link updated 2/08/06 pth
links updated 6/18/08 rab

Updated on 03/04/2009 PK