Interest Rates

2018-19 Direct Loan Interest Rates

(For all NEW student loans disbursed on or after July 1, 2018)

Loan

Borrower Type

Interest Rate

Direct Unsubsidized Loans

Graduate or Professional

6.6%

Direct PLUS Loans

Parents and Graduate or Professional Students

7.6%

Source: https://studentaid.ed.gov/sa/types/loans/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