Office of Financial Aid and Scholarships
2018 - 2019 and 2019 - 2020 Interest Rates on Direct Loans
| Loan type | Interest rate on loans taken out between July 1, 2018 and June 30, 2019 | New rate on loans taken out between July 1, 2019 and June 30, 2020 |
|---|---|---|
| Direct Subsidized and Unsubsidized Loans (for undergraduate students) | 5.05% | 4.535% |
| Direct Unsubsidized Loans (for graduate/professional students) | 6.60% | 6.08% |
| Direct PLUS Loans (for parents and graduate/professional students) | 7.60% | 7.08% |
