Office of Financial Aid and Scholarships

2015 - 2016 and 2016 - 2017 Interest Rates on Direct Loans

Loan type Interest rate on loans taken out between July 1, 2015 and June 30, 2016 New rate on loans taken out between July 1, 2016 and June 30, 2017
Direct Subsidized and Unsubsidized Loans (for undergraduate students) 4.29% 3.76%
Direct Unsubsidized Loans (for graduate/professional students) 5.84% 5.31%
Direct PLUS Loans (for parents and graduate/professional students) 6.84% 6.31%