Office of Scholarships and Financial Aid
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Federal Direct Subsidized and Unsubsidized Loans for Undergraduate Students(old)

To verify a Federal Direct Loan was offered to you and is ready to be accepted, check your UAccess under Student Services Center and then click View Financial Aid for the current school year award.

Three Steps to Success

1. Complete Your MPN
If you have completed a Master Promissory Note (MPN) with UA as school in 2010-2011 or later, you do not need a new MPN.
You need to complete a new MPN if you are a:
  • First time student at the UA
  • First time borrower
2. Accept your loans

A. Find UAccess Student and click Student Center
  • Log in to Student Center
  • Look for Finances and then find Financial Aid
  • Click Accept/Decline Awards
  • Click the applicable school year (2013) and accept the loans
B. Confirm Approval to Pay Charges

All students who did not attend UA in Fall 2011/ Spring 2012/ Summer 2012 must confirm permission for UA to pay charges other than tuition and mandatory fees with their federal student aid (grants, and student loans)\

Find UAccess Student and click Student Center
  1. Log into Student Center
  2. Look for Finances and then find Financial Aid
  3. Click Financial Aid Authorization
  • No action is needed on loans that you wish to decline
  • Only the loans and amounts that are accepted will be processed. Be sure to enter the loan amounts needed for the entire school year.
  • You must be enrolled in undergraduate level units to receive loan funds (6 units is half-time status/ 12 units is full time).
  • Be aware of how loans are reported to credit agencies.
  • You are not required to borrow and may borrow less that the amount offered. You can also decide to cancel a loan and have funds returned to the lender. You will be required to repay any account balance when a disbursed loan is canceled.
3. New Loan Counseling

Students must complete the undergraduate loan entrance counseling.
First-time UA borrowers must Sign In and complete loan entrance counseling with the U.S. Department of Education.

Rates and Discounts - Undergraduates

  • 3.4% Subsidized loan fixed interest rate
  • 6.8% Unsubsidized loan fixed interest rate
  • 1.0% Origination Fee*(1.00% with 0.50% discount)
  • 0.25% Interest rate discount for auto debit
  • Loans Serviced by U.S. Dept. of Education contracted agencies
*These rates are subject to change see for the most up to date interest rates.
  • Office of Scholarships and Financial Aid, P.O. Box 210066, Tucson, AZ 85721
  • Phone: 520.621.1858
  • Fax: 520.621.9473