Student Loans

Loans are financial obligations that must be repaid. Interest and repayment terms vary among the different programs, and UT Southwestern follows a policy of offering the student the most favorable loan for which he or she qualifies if funds are available in the program. All financial aid programs administered by UT Southwestern are subject to the conditions, limitations, and requirements prescribed by the agency sponsoring the program.

Unsubsidized Federal Direct Loans are available to most students who file a FAFSA. The amount of the Direct Loan is determined by federal eligibility rules regarding a student’s program and level. Unsubsidized loans accrue interest from the time of disbursement. Principal and interest payments may be postponed until completion of a program of study or until the student ceases to be enrolled on at least a half-time basis.