Loan Interest Rates

Category: Loans

What are interest rates and fees on federal Loans?

Federal loans disbursed after July 1, 2025, have the following interest rates:

• Direct Subsidized and Unsubsidized Loans for Undergraduate Students – 6.39%
• Direct Unsubsidized Loans for Graduate Students – 7.94%
• Direct Parent PLUS Loans – 8.94%

Federal loans disbursed between October 1, 2023, and September 30, 2024, have the following origination fees:

• Direct Subsidized and Unsubsidized Loans for Undergraduate Students – 1.057%
• Direct Unsubsidized Loans for Graduate Student – 1.057%
• Direct Parent Loans – 4.228%

Federal loans disbursed after July 1, 2025, have the following interest rates:

• Direct Subsidized and Unsubsidized Loans for Undergraduate Students – TBD
• Direct Unsubsidized Loans for Graduate Students – TBD
• Direct Parent PLUS Loans – TBD

Federal loans disbursed between October 1, 2024, and September 30, 2025, have the following origination fees:

• Direct Subsidized and Unsubsidized Loans for Undergraduate Students – TBD
• Direct Unsubsidized Loans for Graduate Student – TBD
• Direct Parent PLUS Loans – TBD