Loan Interest Rates
Category: Loans
What are interest rates and fees on federal Loans?
Federal loans disbursed after July 1, 2024, have the following interest rates:
- Direct Subsidized and Unsubsidized Loans for Undergraduate Students – 6.533%
- Direct Unsubsidized Loans for Graduate Students – 8.083%
- Direct Parent and Graduate PLUS loans – 9.083%
Federal loans disbursed between October 1, 2023, and September 30, 2024, have the following origination fees:
- Direct Subsidized and Unsubsidized Loans for Undergraduate Students – 1.057%
- Direct Unsubsidized Loans for Graduate Student – 1.057%
- Direct Parent and Graduate PLUS loans – 4.228%
Federal loans disbursed after July 1, 2025, have the following interest rates:
- Direct Subsidized and Unsubsidized Loans for Undergraduate Students – TBD
- Direct Unsubsidized Loans for Graduate Students – TBD
- Direct Parent and Graduate PLUS loans – TBD
Federal loans disbursed between October 1, 2024, and September 30, 2025, have the following origination fees:
- Direct Subsidized and Unsubsidized Loans for Undergraduate Students – TBD
- Direct Unsubsidized Loans for Graduate Student – TBD
- Direct Parent and Graduate PLUS loans – TBD
