Direct Unsubsidized Loans

Direct Loans are offered directly through the U.S. Department of Education to students who are enrolled at least half time and pursuing a degree.


You must complete the Free Application for Federal Student Aid (FAFSA) to be eligible for an Unsubsidized Direct Loan.

Unsubsidized Loans are not based on need. You are responsible for interest that accrues. You can choose to pay the interest while you’re in school or have the accrued interest added to your loan when you enter repayment.

Interest Rates

Direct Unsubsidized Loans have a fixed interest rate for the life of the loan. This interest rate for graduate students is 6.21% for loans first disbursed between July 1, 2014, and June 30, 2015.

Loan Fees

The fee for Direct Unsubsidized Loans is 1.051% after 7/1/2013. Beginning October 1, 2014, this fee will change to 1.073%.

Maximum Amounts

  • Annual loan limit is $20,500 for graduate students.
  • Cumulative loan limit for Subsidized and  Unsubsidized Loans upon graduation is $138,500. The cumulative limit also includes Subsidized and Unsubsidized Loans received for undergraduate study.

How to Apply

  1. Follow the steps to apply for financial aid.
  2. Bethel will send you a financial aid award notifying you of loan eligibility.
  3. If you're eligible, make sure you process your loan at least 1 month before you start classes.

More About Direct Loans

For more on Direct Loans, check out information from the U.S. Department of Education:

Apply for Aid

Process Your Loan

Eligible to borrow unsubsidized loans? Make sure you process your loan at least 1 month before you start classes.