Interest Rates
| FEDERAL LOAN INTEREST RATES - AFTER JULY 1, 2012 | |||
| Loan Disbursement Date | Interest Rate | Origination Fee | |
|
Direct Stafford Loan - Subsidized (Only Undergraduate Students) |
After July 1, 2012 | 6.8% | 1% |
|
Direct Stafford Loan - Unsubsidized (All Students) |
After July 1, 2012 | 6.8% | 1% |
|
Direct Parent PLUS or Graduate PLUS Loan |
After July 1, 2012 | 7.9% | 4% |
|
Perkins Loan |
After July 1, 2006 | 5% | 0% |
|
HPSL (Health Professions Loan) |
After July 1, 2006 | 5% | 0% |
| FEDERAL LOAN INTEREST RATES - CURRENT | |||
| Loan Disbursement Date | Interest Rate | Origination Fee* | |
|
Direct Stafford Loan - Subsidized (All Students) |
July 1, 2011 to June 30,2012 | 3.4% | 0.5% |
|
Direct Stafford Loan - Unsubsidized (All Students) |
July 1, 2011 to June 30,2012 | 6.8% | 0.5% |
|
Direct Parent PLUS or Graduate PLUS Loan |
July 1, 2011 to June 30,2012 | 7.9% | 2.5% |
|
Perkins Loan |
After July 1, 2006 | 5% | 0% |
|
HPSL (Health Professions Loan) |
After July 1, 2006 | 5% | 0% |
Borrowers may login to their account at MyEdAccount
to view the interest rates specific to their Federal loans.