|Direct Subsidized Loans||Direct Unsubsidized Loans||Direct PLUS Loans||Federal Perkins Loans|
|Who may receive this loan?||Undergraduate students with financial need.||Undergraduate students and graduate students||Graduate students and parents of dependent undergraduate students.||Undergraduate and graduate students with exceptional financial need|
|What is the Current Interest Rate?||3.76%||Undergraduates: 3.76%
|The government pays your interest...||While you are enrolled at least half-time and during the grace period.||You pay all interest during all periods.||You pay all interest during all periods.||While you are enrolled at least half-time and during the grace period.|
|What are the loan fees?||1.068%||1.068%||4.272%||N/A|
|When do I begin repayment?||6 months after you graduate or drop below half-time enrollment||6 months after you graduate or drop below half-time enrollment||PLUS loans enter repayment when they are fully disbursed||9 months after you graduate or drop below half-time enrollment|
Students may use private, credit-based loans if they have exhausted their federal loan eligibility. Contact the Financial Aid Office to determine your private student loan eligibility.