Unsubsidized Stafford or Direct Loans
You must file a FAFSA before applying for an Unsubsidized Stafford Loan. The Student Aid Report (SAR) will show if your family has need. If so, you can take out a subsidized loan and save money on interest payments—we recommend checking with the college to learn what application procedures to follow. You must complete the same master promissory note whether the Stafford or Direct Loan is subsidized or not. Once the loan is approved, the funds are sent to your college.
