Student Financial Aid and Scholarships :: University of North Texas
FAFSA applications for 2006-2007 will be available online beginning January 2, 2006. Complete your 2006-2007 FAFSA by the priority deadline of April 15, 2006.
Federal Unsubsidized Stafford Loan
Procedures, Forms
Free Application for Federal Student Aid (FAFSA) or Renewal Application. Instructions and other loan materials provided after award is offered. Loan Application requests are processed after aid eligibility for all other programs has been determined.
UNT Priority Dates
Priority dates are June 1/October 1/April 1.
Selection Criteria
Requires at least half-time enrollment. Satisfactory Academic Progress Requirements must be met.
Continued Eligibility
Students must maintain at least half-time enrollment and continue to meet Satisfactory Academic Progress Requirements.
Amount of Awards
The awards are based on your classification and dependency status. Independent students may have additional eligibility. This information is available from the UNT Financial Aid and Scholarships Office.
Payment
Money is applied to student account or paid by check once each semester. However, lenders may choose alternative disbursement methods.
Repayment
Loan funds must be repaid with interest. Repayment begins six months after graduation or last day of half-time enrollment. Interest begins at the time the loan is received. Loans disbursed between July 1, 1998 - June 30, 2006 have variable interest rate determined by the Federal Government or by the Texas Higher Education Coordinating Board for HHCSP. Loans on or after July 1, 2006 have fixed rates.
| APPROXIMATE REPAYMENT SCHEDULE | ||||
|---|---|---|---|---|
| Amount of Loan | Monthly Payment | Months to Repay | Total Interest Paid | Total Amount Paid |
| $5,000 | $65.00 | 120 | $2,483.03 | $7,483.03 |
| $10,000 | $130.00 | 120 | $4,966.00 | $14,966.00 |
| $25,000 | $320.00 | 120 | $12,761.68 | $37,761.68 |
Detailed repayment schedules can be obtained from any lending agency that offers FFELP loans.