Free Application for Federal Student Aid (FAFSA) is the
low-interest loans U.S. Department of Education offers to eligible students for covering the cost of college or career school. FAFSA provides eligible students at participating schools Direct Subsidized Loans and Direct Unsubsidized Loans.
免费申请联邦学生援助（FAFSA）是 美国教育部向符合条件的学生提供低息贷款，以支付大学或职业学校的费用。 FAFSA向在校的合格学生提供两种贷款，直接补贴贷款和直接无补贴贷款。
Direct Subsidized Loans are available to undergraduate students with financial need while Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need. In general, Direct Subsidized Loans have slightly better terms to help out students with financial need because the U.S. Department of Education pays the interest on a Direct Subsidized Loan for the first six months after you leave school.
有经济需求的大学生 可申请直接资助的贷款，而 无需证明有财务需要 的大学生和研究生 可以申请直接无补贴贷款。 通常，直接补贴贷款的条件比
直接无补贴贷款更优惠，比如美国教育部会在您离开学校后的六个月内才要求支付直接补贴贷款的利息。
The interest rates for Direct Subsidized Loans and Direct Unsubsidized Loans first disbursed on or after July 1, 2021 and before July 1, 2022 are shown in the chart below.
The US Government also offer Parent PLUS Loan which is a federal, non-need-based loan that is borrowed by a parent for a dependent student. Loan repayment begins 60 days following the full disbursement of the loan.
| Undergraduate Borrowers | Graduate or Professional Borrowers |
|---|---|
| 3.73% | 5.28% |
| Direct Subsidized Loans and Direct Unsubsidized Loans | Direct Unsubsidized Loans |
This is an example of FAFSA loan.
