Direct Loan Interest Rates and Origination Fees

New  Direct Loan Loan Interest Rates effective July 1, 2017 until July 1, 2018 

New Origination Fees October 1, 2017 until October 1, 2018

Direct Subsidized Loans (Undergraduates) 4.45%
Direct Unsubsidized Loans (Undergraduates) 4.45%
Direct Unsubsidized Loans (Graduate or Professional Students) 6%
Direct PLUS Loans (Parents and Graduate or Professional Students) 7% 

Loan Origination Fees for Direct Subsidized Loans and Direct Unsubsidized Loans For FY 2017 (first disbursed on or after October 1, 2016 and before October 1, 2017) loan fee rate was 1.069. For FY 2018 (first disbursed on or after October 1, 2017 and before October 1, 2018) loan fee rate will be 1.066

Direct PLUS Loans (Parent and Grad/Prof Student for FY 2017 (first disbursed on or after October 1, 2016 and before October 1, 2017) loan fee was 4.276. For FY 2018 (first disbursed on or after October 1, 2017 and before October 1, 2018), loan fee will be 4.264