DIRECT LOAN TYPE |
BORROWER TYPE |
INTEREST RATE |
LOAN FEE |
|---|---|---|---|
| Subsidized | Undergraduate |
4.53% |
1.059% |
| Unsubsidized | Undergraduate |
4.53% |
1.059% |
| Unsubsidized | Graduate or Professional |
6.08% |
1.059% |
| PLUS | Parents, Graduate or Professional |
7.08% |
4.236% |
The above Federal Student Loan Interest Rates and Loan Fees are effective for the 2019-2020 School Year for loans disbursed on or after October 1, 2019 and before October 1, 2020.
These percentages represent the amount of interest you will pay on an annual basis.
