Federal Direct Unsubsidized Stafford Loan

Lender	Federal Government
Interest Rate	Fixed at 6.8% for loans received after July 1, 2006
Interest-Free in School?	No
Loan Fees	2.5% (2.0% after July 1, 2008)
Interest Rebate	1.5%
Fees Less Rebate	1.0% (0.5% after July 1, 2008) Total withheld from loan
Annual Maximums (effective July 1, 2008)	Dependent Student $5,500 - freshman* $6,500 - sophomore* $7,500 - junior/senior*	Self-Supporting Student $9,500 - freshman* $10,500 - sophomore* $12,500 - junior/senior* $20,500 - graduate/professional*
Cumulative Maximums (effective July 1, 2008)	$31,000 dependent undergraduate** $57,500 self-supporting undergraduate** $138,500 graduate and professional combined***
Grace Period	6 months
Standard Repayment Period	To 10 years
Minimum Payments	$50/month
Other Information	Additional repayment options beyond the 10 years may be available
* Includes amount of subsidized Stafford Loan. ** No more than $23,000 of this amount may be in subsidized loans. *** No more than $65,500 of this amount may be in subsidized loans. This cumulative maximum includes the amount borrowed for undergraduate study.