CampusPin Glossary
Unsubsidized Direct Loan
A federal student loan available regardless of need. Interest accrues from the moment the loan is disbursed.
Unsubsidized Direct Loans are available to undergraduate, graduate, and professional students regardless of financial need. Unlike subsidized loans, interest accrues during enrollment and the grace period — students can pay it as it accrues to keep the principal from growing, or capitalize it. The combined annual limit (subsidized + unsubsidized) for dependent undergraduates is $5,500–$7,500 depending on year.
See also
Subsidized Direct Loan
A federal student loan for undergraduates with demonstrated need. The government pays the interest while the student is in school.
FAFSA
The Free Application for Federal Student Aid — the U.S. government form every undergraduate must file to access federal grants, loans, and work-study.
CampusPin tools
Find colleges that match your criteria
Use CampusPin's filter-first search to narrow 3,800+ U.S. universities and community colleges by tuition, program, location, acceptance rate, school size, and more.