What is the purpose of the Federal Direct Unsubsidized Loan?
The Federal Direct Unsubsidized Loan is not based on financial need, and it offers benefits such as a fixed annual interest rate, a sixmonth grace period, and deferment options to assist in repayment.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
What is the purpose of the Federal Direct Unsubsidized Loan?

### Input: Not applicable

### Response:
The Federal Direct Unsubsidized Loan is not based on financial need, and it offers benefits such as a fixed annual interest rate, a sixmonth grace period, and deferment options to assist in repayment.<|im_end|>