Effective October 1, 2016, the U.S. Department of Education will increase the origination fees on Federal Direct Loan Programs. Federal Direct Stafford Loans (Subsidized/Unsubsidized) will be assessed a 1.069% origination fee while Federal Direct PLUS Loans will be assessed a 4.276% origination fee. Loan applications not yet finalized (e.g. funds wired to the University) will be subject to the slightly higher origination fees as of October 1, 2016. Additional information may be found at financialaid.uconn.edu and studentaid.ed.gov.
For more information, contact: Office of Student Financial Aid Services at financialaid@uconn.edu or (860)486-2819