Effective July 1, 2012, in accordance with federal guidelines, all Federal Direct Loans available to graduate students will be unsubsidized with an interest rate of 6.8%. Unsubsidized loan payments may be deferred as long as the student is enrolled in a minimum of three credit hours in a degree-seeking program. However, the interest begins accruing at the time of disbursement. If you have any questions, please contact Brook Jones in the Financial Aid office at https://ch1prd0302.outlook.com/owa/redir.aspx?C=JkTlxZtCkEuEV7MI3ddUGXqNgWX9h84IG1s4oJTMMWyWm6SJfq17SFY20YWBNzkOTTfxvfnVRl4.&URL=mailto%3abjones%40sbuniv.edu or 417-328-1821.