Office of Financial Aid and Scholarships

2016 - 2017 and 2017 - 2018 Interest Rates on Direct Loans

Loan type Interest rate on loans taken out between July 1, 2016 and June 30, 2017 New rate on loans taken out between July 1, 2017 and June 30, 2018
Direct Subsidized and Unsubsidized Loans (for undergraduate students) 3.76% 4.45%
Direct Unsubsidized Loans (for graduate/professional students) 5.31% 6.00%
Direct PLUS Loans (for parents and graduate/professional students) 6.31% 7.00%