Federal Direct Stafford Loans (FDSL) are offered to students attending the University of Connecticut at least half-time. A student’s grade level, cost of attendance and financial need determine loan eligibility. For more information, review the Annual Loan Limits for Federal Stafford Loans on the Student Financial Aid Services web site.
Subsidized FDSL— Interest is subsidized by the Government during a student’s time in school. This type of loan is based on financial need.
Unsubsidized FDSL— Accrued interest is the responsibility of the student, and the student has the option of either paying the interest while in school or deferring payment of the interest until principal payments begin six months after graduation. Students who do not qualify for a subsidized FDSL may borrow through an unsubsidized FDSL.
- Students may also borrow up to $2,000 in additional unsubsidized FDSL funds annually, regardless of subsidized/unsubsidized FDSL qualification.
Federal Direct Parent Loans for Undergraduate Students (PLUS) enable parents with no adverse credit history to borrow for each dependent child who is enrolled at least half-time. Borrowing is limited to the student’s cost of education minus any financial aid the student receives.
If a parent is denied a Federal Direct PLUS Loan due to adverse credit history (documentation is required each academic year), the dependent student may then be eligible to receive an additional Unsubsidized FDSL.
Federal Perkins Loans are offered to eligible students who are enrolled full-time. UConn gives priority to students who qualify for lower annual loan limits under the Federal Direct Stafford Loan program. For more information, review the Annual Loan Limits for Federal Stafford Loans on the Student Financial Aid Services web site.
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