Federal Stafford Loans

Subsidized Stafford Loans (Undergraduate Only)

Subsidized Stafford Loans are awarded to students with demonstrated financial need. Interest is subsidized (paid) by the government while the student is in school and during the six-month grace period after the student leaves school or drops below half-time enrollment status*. Loans enter repayment at the end of the grace period.

*Interest will be charged during the six-month grace period for subsidized loans disbursed between July 1, 2012 and June 30, 2014.

Unsubsidized Stafford Loans (Undergraduate/Graduate)

Unsubsidized Stafford loans are available to all students regardless of income. Interest accrues from the date of disbursement, but the extra costs of accrual can be avoided by making regular interest payments while in school. Loans enter repayment six months after the student graduates or ceases half-time enrollment.

Stafford Interest Rates

Stafford Interest Rates
Academic Year Subsidized Unsubsidized Graduate
2013-14 3.86% 3.86% 5.41%
2012-13 3.40% 6.80% 6.80%
2011-12 3.40% 6.80% 6.80%
2010-11 4.50% 6.80% 6.80%

Stafford Loan Fees

Beginning December 1st, 2013, the origination fee for Stafford Loans is 1.072%.

Stafford Loan Borrower Annual and Aggregate Loan Limits

Annual Loan Limits
Grade Level Maximum Subsidized Unsubsidized Total Yearly Amounts
Freshman (DEP) $ 3,500 $ 2,000 $ 5,500
Freshman (INDEP) $ 3,500 $ 6,000 $ 9,500
Sophomore (DEP) $ 4,500 $ 2,000 $ 6,500
Sophomore (INDEP) $ 4,500 $ 6,000 $ 10,500
Junior/Senior (DEP) $ 5,500 $ 2,000 $ 7,500
Junior/Senior (INDEP) $ 5,500 $ 7,000 $ 12,500
Graduate * $ 20,500 $ 20,500

* As of July 1, 2012, graduate students are only eligible for Unsubsidized Stafford Loans.

Aggregate Loan Limits
Classification Maximum Subsidized Unsubsidized Maximum Total
Undergraduate (DEP) $ 23,000 $ 8,000 $ 31,000
Undergraduate (INDEP) $ 23,000 $ 34,500 $ 57,500
Graduate - - $ 138,500

Average Loan Indebtedness

Average Loan Indebtedness for the graduating class of 2012 (1412 Students)
Number of Borrowers Percent of Graduating Class Average Borrowed
837 59% $12,732

All Loans includes Federal Stafford loans (subsidized and unsubsidized). Federal Perkins loans, PLUS loans, and private alternative loans are not included in the average.

The graduating class is comprised of students graduating with undergraduate degrees between July 1st, 2011 and June 30th, 2012.

The method used to generate these statistics is based on the Common Data Set reporting process.

How to apply for a Stafford Loan at UCCS

Stafford Borrower Rights and Responsibilities

As a Stafford Loan borrower, you are expected to understand your rights and responsibilities.