Federal Direct Loan (Unsubsidized)

Eligibility is based on other sources of financial aid received and a parental contribution factor. 

Students and parents will borrow directly from the U.S. Department of Education. Award amounts are based on grade level, dependency status and budget. Dependent students who qualify for the subsidized loan are eligible for an additional unsubsidized loan of up to $2,000. Students who are not eligible for the subsidized loan may be eligible for an amount up to $5,500 for first year, $6,500 for second year and $7,500 for third and fourth years. Independent undergraduate students and dependent undergraduate students whose parents are denied for a PLUS loan are eligible for an additional $4,000 for the first two years and $5,000 for the last two years.

A graduate student can apply for up to $20,500 in an unsubsidized loan. This loan is not based on financial need. A student who wishes to apply for a Federal Direct Loan and is not eligible based on financial need, or is only partially eligible, may apply for the full or balance of his/her eligibility through the unsubsidized loan program. Unsubsidized loans first disbursed on or after July 1, 2013, have a fixed rate of 3.86% for undergraduate students and 5.41% for graduate students. There is a 1.072% origination fee charged by the federal government. The student is responsible for all in school interest, which can be capitalized at the end or paid through the enrollment periods. For Federal Loans, students must apply no later than a week before the end of the current term for the term they are seeking aid.

Need-based aid: No

Award Amount

$2,000–$20,500

Eligibility

This aid is for new, returning, transfer, day, online, part-time, full-time, freshman, sophomore, junior and senior students. 

Application Instructions

Take the next step
Get started on your future today
Complete your application and secure your spot.
Pictures tell only part of the story. Come see for yourself.
How would you like to hear from us?

We are Lynn

Bailey Fernandez, future student, visits with Coach Moore.
I had a wonderful visit with Coach Moore. I’m excited to attend my first year of college at Lynn University 2019–20.
Bailey Fernandez, student
Students share a moment after participating 2018 MLH Local Hack Day
Students share a moment after participating in the 2018 MLH Local Hack Day - a global annual innovation fest at Lynn.
Ja'dan Johnson, student
Lynn Debate team winning finalists.
Lynn Debate won Finalists, speaker awards at U Miami Dec 1-2. Each debater earned a first of four ranking at least once!
Kathryn Hamm, faculty member
Students participating in Local Hack Day in the Social Impact Lab on campus
Students in the Social Impact Lab participated in the 2018 Local Hack Day - a global annual innovation fest.
Ja'dan Johnson, student
Representing Lynn University in Costa Maya, Mexico.
Lynning in Costa Maya Mexico.
Chenelle Seraphin, staff member
Christmas tree in Lynn Library
Lynn Library 2019 Tree!
Charlotte Jerdak, student

View more