University of Wisconsin Stout | Wisconsin's Polytechnic University
Services
Inspiring You. It is our goal to provide you with the services you need to excel as a student at UW-Stout.
Unsubsidized Stafford Loan
Eligibility
This loan is not a need-based.
Terms and Conditions
Interest Rate
- Loans have a fixed interested rate of 6.8%
- Interest is charged from the date of the first disbursement.
- Interest may be paid while in school or paid later.
Awards
- The maximum awards differ by grade level, dependency status, and length of academic program.
- Loan plus other need-based aid may not exceed the total cost of attendance.
Repayment
- Repayment begins six months after the borrower graduates, leaves school, or drops below half-time status.
- Repayment can be deferred or modified under certain conditions. Visit the Student Guide (from the US Department of Education) for more information.
Master Promissory Note (MPN)
First-time borrowers that have been offered a Direct Stafford Loan should complete a Master Promissory Note (MPN), and entrance loan counseling (an online tutorial and quiz) before any loan can be disbursed.