Unsubsidized loans are offered to eligible undergraduate, graduate, and professional students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan. You are responsible for paying all interest on the loan.
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.