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. Interest rates for federally guaranteed student loans are set annually. Please consult the Department of Education website for the current interest rate https://studentaid.ed.gov/types/loans/interest-rates .