Unsubsidized Loans
Unsubsidized loans are offered to eligible undergraduate, graduate, and professional students. These loans do not require students to demonstrate financial need, but you must file the FAFSA, meet all eligibility requirements for federal aid, and be enrolled at least half-time (4.5 credits).
Interest is charged beginning the day the loan is paid to you until the day the loan is repaid in full. You either may choose to pay the accumulated interest while you are in school, or to have the unpaid interest capitalized; i.e., added to the principal balance of the loan. NOTE: If your loan interest is capitalized, it will increase the amount you have to repay.
Students can make adjustments to their accepted Unsubsidized Loan by completing the Graduate Loan Change Form and submitting to SFS. Students can also make changes to a single semester's loans via the Single-Semester Loan Change Form.
There are limits to when and how we can adjust loans. Please review the specific dates on the individual loan forms and on Financial Aid Deadlines Policy webpage.
Effective Fall 2026: The One Big Beautiful Bill Act (H.R. 1, 2025) has implemented significant changes to student loan eligibility. Students who enroll part-time (less than 9 credits) must have their federal loans (unsubsidized and Graduate PLUS) prorated based on their enrollment. This is called Schedule of Reductions (SOR). As a result, disbursement of federal direct loans will be delayed until after add/drop is over to ensure accurate eligibility. Please consult the Academic Calendar for semester-specific add/drop dates.
Doctoral students enrolled in the 1-credit dissertation class will see their Cost of Attendance adjust to reflect their actual tuition and fees instead of the budgeting amount. This may affect anticipated refunds.