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, 2017 and June 30, 2018 New rate on loans taken out between July 1, 2018 and June 30, 2019
Direct Subsidized and Unsubsidized Loans (for undergraduate students) 4.45% 5.05%
Direct Unsubsidized Loans (for graduate/professional students) 6.00% 6.60%
Direct PLUS Loans (for parents and graduate/professional students) 7.00% 7.60%