2019-20 Direct Loan Interest Rates
(For all NEW student loans disbursed on or after July 1, 2019)
Loan |
Borrower Type |
Interest Rate |
|---|---|---|
Direct Unsubsidized Loans |
Graduate or Professional |
6.08% |
Direct PLUS Loans |
Parents and Graduate or Professional Students |
7.08% |
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