Federal Direct Unsubsidized Stafford Loan

A Federal Direct Unsubsidized Stafford Loan is a type of federal student loan available to undergraduate and graduate students to help cover college expenses. Unlike subsidized loans, interest on an unsubsidized loan starts accruing immediately after disbursement, meaning the borrower is responsible for paying the interest or it will be added to the loan balance. It offers fixed interest rates and flexible repayment options, making it an accessible way to finance higher education. The loan amount depends on the student's financial need, year in school, and other factors.