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Federal Student Aid (FSA) is your federal loan provider. FSA uses servicers (private companies) like MOHELA to manage billing, questions, and payments, and to help you enroll in the best repayment plan for you.
The table below provides interest rates for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans first disbursed on or after July 1, 2024, and before July 1, 2025. Perkins Loans (regardless of the first disbursement date) have a fixed interest rate of 5%.
Interest rates are subject to change on July 1st of each year. All federal student loans first disbursed on or after July 1, 2006 have a fixed interest rate for the life of the loan. Below are charts detailing the changes in the FFEL and Direct Loan interest rates since July 1, 2006.
Learn about the different types of federal student loans and their interest rates on the official Federal Student Aid website.
Student loan interest rates for in-school loans and refinancing to 5-year variable terms and 10-year fixed terms since last week. ... Federal student loan interest rates for the 2024-2025 academic ...
Check these updated tables for latest interest rates on federal student loans, such as fixed or variable FFELP PLUS and FDLP Stafford loans.
For undergraduate students, the interest rate for Direct Subsidized Loans and Direct Unsubsidized Loans is 6.53%. For graduate or professional students, the interest rate for Direct Unsubsidized loans is 8.08%. If your loan was disbursed before July 1, 2024, it likely has a different interest rate.
All federal student loans for undergraduates currently have an interest rate of 6.53 percent for the 2024-25 school year, while unsubsidized and Direct PLUS loans for graduate students have...
Get the latest student loan interest rates for federal student loans, private student loans and student loan refinance and tips for repaying student loan interest.
The U.S. Department of Education announced Tuesday the interest rates on federal student loans for the 2024-2025 academic year. The interest rate on federal direct undergraduate loans will be...