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Unsubsidized Student Loan

Students may be awarded both subsidized and unsubsidized loans based on Expected Family Contribution (EFC) calculated by the federal government from FAFSA information.

Federal Direct Stafford Unsubsidized loans will accrue interest from the time the loan is disbursed to the student. However, repayment can be deferred up to six months after graduation. A student does not have to make any payments on the loan while enrolled in school at least half time (6 undergraduate credits or 4.5 graduate credits), but may choose to pay the interest as it accrues. It is always in your best interest to borrow what you need.


Interest Rates and Origination Fees


  • Loans after July 1, 2024: Undergraduate = 6.53% Graduate = 8.08%
  • Loans after July 1, 2023: Undergraduate = 5.50% Graduate = 7.05%
  • Loans after July 1, 2022: Undergraduate = 4.99% Graduate = 6.54%
  • Loans after July 1, 2021: Undergraduate = 3.73% Graduate = 5.28%
  • Loans after July 1, 2020: Undergraduate = 2.75% Graduate = 4.30%


  • Oct. 1, 2020-Sept. 30, 2022: 1.057%
  • Oct. 1, 2019–Sept. 30, 2020: 1.059%
  • Oct. 1, 2018–Sept. 30, 2019: 1.062%
  • Oct. 1, 2017–Sept. 30, 2018: 1.066

Origination fees are automatically deducted upon disbursement by the U.S. Department of Education. For specific information on grace, deferment and repayment, visit the loan repayment page.

Borrowing Limits

Student loans have annual amount limits based on the number of credits a student has earned. The actual amount may be less depending on the student’s financial resources (other aid awarded) and cost of attendance.

Undergraduate Students

Student LevelDependentIndependent
Unsubsidized MaximumsUnsubsidized Maximums
First year
(1-29 credits)
Second year
(30-59 credits)
Third year and beyond
(60+ credits)
Aggregate Borrowing Limit$31,000$57,500

Graduate Students

Time frameTotal Annual Maximum unsubsidized
Every Year$20,500
Aggregate Borrowing Limit$138,500



Unsubsidized Loan Processing

  • To be considered for the loan, students must file the FAFSA.
  • Students must accept the Federal Direct Stafford Unsubsidized Loan (referred to as unsubsidized loan) on TitanWeb.
  • In order to receive the loan, students must complete Entrance Loan Counseling and the Master Promissory Note (MPN). Learn more
  • Loans cannot be disbursed unless the loan counseling and MPN are completed.

Information for Fall Graduates

In accordance with federal regulation, 34 CFR 682.204 (a), (d), your student loans must be adjusted to reflect your enrollment for your final term of study if you were not enrolled in summer term. This regulation requires the school to prorate your student loan(s) based on the number of credits you are enrolled in at the time of disbursement. Proration is done by dividing your maximum student loan eligibility for fall semester. If your loans must be prorated, you will be contacted by our office.

Hours and Location

Dempsey Hall, Room 104
Walk-In Hours:
Mondays and Fridays
8:00 a.m.–4:00 p.m.
Tuesday, Wednesday, Thursday
10:00 a.m. - 3:00 p.m.
Schedule an appointment with your fiancial aid Counselor
Office Hours: 8 a.m.–4:30 p.m.

Mailing Address

Financial Aid Office
UW Oshkosh
800 Algoma Blvd.
Oshkosh, WI 54901

Contact Us
 (920) 424-3377
Fax: (920) 424-0284