Unsubsidized Federal Stafford Loan
This loan provides for a maximum $20,500 a year and $138,500 aggregate for graduate students. Unsubsidized Stafford Loans are not need based and interest accruing on the loan is not subsidized (or paid) by the federal government while the student is in school. Students must therefore pay the interest payments while in school or allow the interest to capitalize. The interest rate for loans originated July 1, 2014- June 30, 2015 is fixed at 6.21%