Interest Rates

2017-18 Direct Loan Interest Rates

(For all NEW student loans disbursed on or after July 1, 2017)

Loan

Borrower Type

Interest Rate

Direct Unsubsidized Loans

Graduate or Professional

6%

Direct PLUS Loans

Parents and Graduate or Professional Students

7%

Source: https://studentaid.ed.gov/sa/types/loans/interest-rates

 

2016-17 Interest Rates

Loan

Interest Rate

Direct Unsubsidized Loans (Graduate or Professional Students)

5.31%

Direct PLUS Loans (Parents and Graduate or Professional Students)

6.31%

Source: https://studentaid.ed.gov/sa/about/announcements/interest-rate