Interest Rates and Fees for Federal Student Loans

Fixed Interest Rates for Direct Subsidized Loans and Subsidized Federal Stafford Loans* - Undergraduate Borrowers ; 7/1/21–6/30/22, 3.73% ; 7/1/20–6/30/21, 2.75%.

Interest Rates for New Direct Loans | Federal Student Aid

Direct Subsidized Loans and Direct Unsubsidized Loans. Undergraduate. 6.53% ; Direct Unsubsidized Loans. Graduate or Professional. 8.08% ; Direct PLUS Loans.

Student loan interest rates in November 2024 - Bankrate

All federal student loans for undergraduates currently have an interest rate of 6.53 percent for the 2024-25 school year.

What is the current interest rate for Direct Subsidized and ...

For undergraduate students, the interest rate for Direct Subsidized Loans and Direct Unsubsidized Loans is 6.53%. For graduate or professional students, ...

Student Loan Interest Rates: Federal, Private, Refinancing

The federal student loan interest rate for undergraduates is 6.53% for new loans taken out for the 2024-25 school year, effective from July 1, 2024 to June 30, ...

Understanding federal loan interest rates - Sallie Mae

- Direct Subsidized Loans (Undergraduate): These loans currently have a fixed interest rate of 6.53% and are only offered to those undergraduate ...

Interest Rates and Origination Fees - Office of Student Financial Aid

Interest Rates and Origination Fees. Interest rates are amounts charged to a borrower for the privilege of using the lender's money. The interest is calculated ...

Interest Rates for Direct Loans First Disbursed Between July 1, 2024 ...

Direct Loan Interest Rates for 2024-2025 ; Direct Subsidized Loans and Direct Unsubsidized Loans for. Undergraduate Students. 4.483%. 2.05%. 6.53 ...

Average Student Loan Interest Rates - BestColleges.com

Current rates for federal student loans are 6.53-9.03%. An illustration showing percentage signs above 5 coin stacks, with each stack increasing in value Credit ...

Interest on Federal Student Loans Is Rising to 6.53%

The rates are increasing amid rising concern about student debt and the high cost of college. As of early 2024, almost 43 million borrowers held ...

Subsidized and Unsubsidized Loans - Federal Student Aid

All Direct Subsidized Loans and Direct Unsubsidized Loans have a loan fee. The loan fee is a percentage of the loan amount and is proportionately deducted from ...

November 2024 Student Loan Interest Rates: Federal, Private, and ...

Federal student loan origination fees over the years ; Loan type, 2020 –2025, 2019 –2020 ; Subsidized (undergrad), 1.06%, 1.06% ; Unsubsidized ( ...

Federal Loan Rates, Limits, Terms - NYU

Interest rate not to exceed 8.25% (for undergraduate students) and 9.50% (for graduate students). Repayment Term, Standard: 10 years. Many other options are ...

Federal Student Loan Amounts and Terms for Loans Issued in 2024 ...

The interest rate for undergraduate Stafford loans, both subsidized and unsubsidized, is 6.53%. Rates are fixed for the life of the loan. (For more, see How ...

Student Loan Interest Rates - Investopedia

Key Takeaways · Interest rates are 6.53% for new federal undergraduate loans, 8.08% for graduate loans, and 9.08% for parent PLUS loans. · Private student loan ...

Some Federal Student Loan Interest Rates at Record Highs

For undergraduates, interest rates on federal student loans are now 6.53% for the 2024-25 academic year — making the cost of borrowing for ...

Everything You Need to Know About Student Loan Interest Rates

For federal student loans, rates in recent years have ranged from 2.75% to 5.50% for undergraduate borrowers. For the 2024-2025 school year, ...

Historical Federal Student Loan Interest Rates and Fees

Historical Federal Student Loan Interest Rates and Fees ; Unsubsidized. 2020-2021 · 2.750%. 2.750%. 2019-2020 ; GSL. 7/1/1988 to 9/30/1992 · 12M T-bill + 3.25%, 10% ...

Federal Direct Loan Interest Rates & Fees — Financial Aid

Federal Loan Fees ; Direct Subsidized Loans and Direct Unsubsidized Loans · 1.057% ; Direct PLUS Loans · 4.228% ...

Direct Stafford Student Loan Interest Rates - Edvisors

A fee of 1.057% is deducted from your loan before the funds are sent to your school. Key Takeaways for Interest Rates. The interest rates on federal student ...

Private student loan

A private student loan is a financing option for higher education in the United States that can supplement, but should not replace, federal loans, such as Stafford loans, Perkins loans and PLUS loans.