Search results
Results from the WOW.Com Content Network
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%.
Current private student loan interest rates. The average student loan interest rate for 5-year variable terms is 15.50%, and the average for 10-year fixed terms is 7.62%.
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...
The best interest rate for student loans is typically reserved for borrowers that choose shorter loan terms. To get a lower rate, opt for a repayment term of five to eight years; you’ll...
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.
What are current student loan interest rates? How to choose a student loan; How to apply for a student loan? Student loan news updates; How the Fed rate hikes impact student loans
As of 2024, the average federal student loan interest rate is approximately 7.89%. The average private student loan interest rate, on the other hand, ranges from about 4% to 15%.
Loans for which the application was received on or after 2/1/1999 (any status) will have a fixed interest rate of the lesser of 8.25 percent or the weighted average of the loans consolidated, rounded to the next higher 1/8 of one percent.
Interest rates are 5.50% for new federal undergraduate loans, 7.05% for graduate loans, and 8.05% for parent PLUS loans. Private student loan interest rates vary by lender and whether the loan...
Student loan interest rates vary, depending on whether you borrow a federal student loan or a private student loan. And private student loan interest rates also vary by lender. Current Federal Student Loan Rates. Federal student loan rates reset on July 1st, and apply to all new loans disbursed between July 1 and June 30 of the next year.