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Federal Direct Stafford Unsubsidized Loan –
GRADUATE STUDenTS
A federal low-interest student loan available to undergraduates, graduate and professional students who do not qualify for a maximum Federal Direct Stafford Subsidized Loan.
How to Apply
Applying for the first time? Complete steps 1-3 before the academic year begins to receive credit on your fall semester bill. Applications are accepted throughout the academic year.
Reapplying? Complete step 1 before the academic year begins to receive credit on your fall semester bill. Applications are accepted throughout the academic year.
Deadlines. The date for priority consideration is the April 1st which precedes your enrollment date. MIT will continue to accept applications throughout the academic year.
Students planning to finish their program in the summer term need to have completed and submitted their financial aid application by August 1st. Students who plan to graduate in February must have submitted a complete financial aid application by December 1st. Students planning to be here in the spring term must have completed their financial aid application by May 1st. If you miss the deadline, your loan eligibility will be limited to non-Federal loans.
- Step 1 – Complete MIT’s financial aid application process. For US Citizens, please complete the FAFSA and the Graduate Loan Application.
- Step 2 – After you receive your financial aid award, sign an online Federal Direct Loan Master Promissory Note (have your FAFSA PIN available) if you have not already signed a master promissory note for a federal direct unsubsidized loan.
- Step 3 –Complete online loan entrance counseling on WebSIS.
About This Loan
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Loan entrance counseling
Online counseling via WebSIS (Kerberos ID and MIT Certificate needed) is required for all first-time borrowers of Federal Direct Loans, Federal Perkins Loans and MIT Technology Loan.
Campus Partners
Campus Partners handles billing and payment for Federal Perkins Loans and MIT Technology Loans.
Direct Loan Servicing Ctr.
The DLSC handles billing and payment for Federal Direct Loans and Graduate PLUS Loans.
Loan payment calculator
Estimate your loan payments.
Loan exit counseling
If you borrowed Federal Direct Stafford Loans and/or Perkins loans, you are required by federal law and MIT policy to make an appointment for an exit interview with your loan counselor before graduation. Click here for contact information. Required reading: the SFS loan exit counseling guide.
These two printable charts can help you compare loans available to undergraduates and their families, and loans available to graduate students.
Undergraduate loans Graduate loans