Fordham University            The Jesuit University of New York

Summer Federal Direct Unsubsidized Loan

All Summer 2013 Loan Requests should be submitted no later than June 15, 2013

As of July 1, 2013, the origination fee on all Federal Unsubsidized Loans will increase from 1% to 1.051%.  Therefore, students should complete all the requirements to receive your summer loan(s) before June 15, 2013. This legislation was part of the federal Sequester budget cuts that went into place on March 1, 2013.
In addition, loans processed after July 1, 2013 will be more at risk of being delayed because they will be processed manually with the Dept. of Education.

Students who borrowed their full eligibility in the previous fall and spring terms will not be eligible for summer 2013 Direct Unsubsidized Loans. They should consider the Federal Direct Graduate PLUS Loan as an option or a private alternative education loan.

Lifetime Aggregate Unsubsidized/Subsidized Loan Limit

Graduate Students

    $138,500 of which $65,500 can be subsidized

 Click here for the Paper 2013 Summer Direct Unsubsidized Loan Request Form

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