Important Loan Annoucement

As of October 1, 2013, the federal sequester increases the origination fees charged to Direct Loan borrowers beyond the July 2013 increases. However, the new loan fee percentages will apply only to loans where the first disbursement is made on or after December 1, 2013 and loans where the first disbursement is made on or after October 1, 2014.

The new loan fees will be:

  • Direct Subsidized Loans and Direct Unsubsidized Loans first disbursement date on or after 10/1/2014 and before 10/1/2015 is 1.073%. Disbursements made on or after 10/1/2015 and before 10/1/2016 is 1.068%.
  • Direct Parent PLUS Loans and Graduate PLUS Loans made on or after 10/1/2014 and before 10/1/2015 is 4.292%. Disbursements made on or after 10/1/2015 and before 10/1/2016 is 4.272%.

Direct Loan interest rates:

  • Direct subsidized and unsubsidized for undergraduate loans that first disburse on or after 7/1/2015 and before 7/1/2016 is 4.29%
  • Direct unsubsidized for graduate or professional students loan that first disburse on or after 7/1/2015 and before 7/1/2016 is 5.84%.
  • Direct PLUS and Graduate student loans that first disburse on  or after 7/1/2015 and before 7/1/2016 is 6.84%.

What is a student loan?

A loan is borrowed money that must be repaid with interest.

Direct Loan program

The University of North Texas participates in the William D. Ford Federal Direct Loan program which allows you to borrow loan funds directly from the U.S. Department of Education.   This program will give you and your parents a more stable, streamlined, and predictable borrowing experience.  Read the FAQ's about the Direct Loan program.

Federal Loans

State

Private/Alternative

Institutional Loan