Subsidized Federal Direct Stafford Loans

Subsidized Federal Direct Stafford Student Loan

  • Maximum amount:
    • $3,500 (freshmen)
    • $4,500 (sophomores)
    • $5,500/year (juniors and seniors)
  • You must enroll on at least a half-time basis to receive a Stafford Loan for each term of the loan. Half-time means 6 credit hours per semester for undergraduate students.
  • Interest rate: 3.86 percent
  • Repayment period: Several plans are available.
  • Repayment and interest charge are deferred until six months after graduation or when your enrollment status drops below half-time (again, this means less than 6 credit hours for undergraduates). An exit interview is required before you begin repayment.
  • Apply by completing the FAFSA.

Typical Estimated Payments

Payments are calculated based on a fixed interest rate of 6.8 percent.

Debt when you begin repayment





Monthly payment





Total interest charges





Total amount repaid