Direct Stafford Loan Terms

July 1, 2024 - June 30, 2025

Subsidized

 Unsubsidized Origination Fee1 Grace Period2
Dependent Undergraduates 6.53% 6.53% 1.057% 6 months
Independent Undergraduates3 6.53% 6.53% 1.057% 6 months
Graduate Students N/A 8.08% 1.057% 6 months
Medical and Dental Students N/A 8.08% 1.057% 6 months

1Fee applies to loans first disbursed between Oct. 1, 2020 and Sept. 30, 2025.
2Amount of time after student graduates, drops below half-time status, or leaves school before first payment is due