Which loan is available for graduate students to assist in covering educational expenses?

The Supplemental Loan for Students, often referred to as Stafford Unsubsidized Loans, is specifically designed to help graduate students cover educational expenses. Unlike subsidized loans, which are available for undergraduate students based on financial need, unsubsidized loans allow graduate students to borrow funds regardless of their financial situation. This type of loan has interest that accrues while the borrower is in school, but it provides a significant amount of financial support to help pay for tuition, books, and other related expenses.

Graduate students typically face higher costs due to advanced coursework and program requirements, and the Stafford Unsubsidized Loan addresses this need by offering a flexible borrowing limit based on the cost of attendance, making it a vital resource for those pursuing higher education after a bachelor's degree. In contrast, other options mentioned may not cater solely to graduate students or do not provide the same level of funding needed for education at that level.