Financial Aid  >  Types of aid  >  Loan Programs  >  Direct Loan Interest Rates

Current loan interest rates

Beginning July 1, 2013 and ending June 30, 2014

Federal Direct
Subsidized Loans

Undergraduate Students Only

Federal Direct Unsubsidized Loans

Undergraduate Students Only

 

Federal Direct Unsubsidized Loans

Graduate/Professional Students Only

Federal Direct Parent PLUS
Or Grad PLUS

3.86% interest

3.86% interest

5.41% interest

6.41% interest

Prior years loan interest rates:

First disbursement of loan:

Interest Rates

Beginning

Ending

Federal Direct
Subsidized Loans

Undergraduate Students Only

Federal Direct
Subsidized Loans

Graduate/Professional Students Only

All Federal Direct Unsubsidized Loans

Federal Direct Parent PLUS
Or Grad PLUS

July 1, 2006

June 30, 2008

6.8%

6.8%

6.8%

7.9%

July 1, 2008

June 30, 2009

6.0%

6.8%

6.8%

7.9%

July 1, 2009

June 30, 2010

5.6%

6.8%

6.8%

7.9%

July 1, 2010

June 30, 2011

4.5%

6.8%

6.8%

7.9%

July 1, 2011

June 30, 2012

3.4%

6.8%

6.8%

7.9%

July 1, 2012

June 30, 2013

3.4%

Subsidized loans no longer available

6.8%

7.9%

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