Federal Direct Unsubsidized Stafford Loans are not awarded on the basis of need.  For Unsubsidized Stafford loans, students are responsible for all of the interest that accrues while the student is enrolled in school.

The U.S. Department of Education is the lender for all Federal Direct Stafford Loans at Florida Gulf Coast University.

How to Apply

You must complete the steps below before receiving a Federal Direct Stafford Loan:

• Complete a Free Application for Federal Student Aid (FAFSA) http://www.fafsa.gov/.
• If eligible based on your FAFSA, a loan may be offered to you via your Gulfline account.
• You must Accept, Decline or Reduce your loan through Gulfline.
• If you are a new borrower, you must complete the online Entrance Interview at https://studentloans.gov/.  Please check Gulfline to see if an Entrance Interview is listed under your "unsatisfied requirements."
• If you are a new borrower a MPN (Master Promissory Note) will need to be e-signed.  You may sign your MPN online at https://studentloans.gov/.

Interest Rates and Fees

*The rebate is an up-front rebate that requires the borrower, at the time of repayment, to make the first 12 payments on time.  Failure to do so will result in the initial rebated amount to be added back to the balance of the loan.