Unsubsidized Stafford Loan

An Unsubsidized Stafford Loan is a type of federal student loan for college students. Unlike subsidized loans, interest on this loan starts accumulating as soon as it's disbursed, even while you're in school or during repayment. Borrowers are responsible for paying the interest, which can be paid during school or added to the loan balance. These loans are available to undergraduate and graduate students and often have fixed interest rates. They provide a financial resource to help cover the cost of education, but it's important to consider repayment obligations before borrowing.