What Is a Federal Direct Unsubsidized Loan
Pursuing higher education often comes with a significant financial burden. Fortunately, the U.S. Department of Education offers several types of federal student loans to make college more accessible. One common option is the Federal Direct Unsubsidized Loan but what is a Federal Direct Unsubsidized Loan , and how does it work? This guide breaks down everything students and parents need to know about Direct Unsubsidized Loans, including eligibility, interest rates, repayment terms, and how they compare with other loan options. What Is a Federal Direct Unsubsidized Loan? A Federal Direct Unsubsidized Loan is a type of federal student loan available to both undergraduate and graduate students , regardless of financial need. Unlike subsidized loans , interest accrues on unsubsidized loans from the time the loan is disbursed even while the student is in school, during grace periods, or deferment. Students are not required to make payments while enrolled at least half-time, bu...