Interest Rates

Graduate Students Subsidized Loan Unsubsidized Loan
Federal Direct Loans disbursed after July 1, 2006 Fixed Interest Rate of 6.8% Fixed Interest Rate of 6.8%t
Federal Direct Loans disbursed after July 1, 2012 - June 30, 2013 N/A Fixed Interest Rate of 6.8%
Federal Direct Loans disbursed after July 1, 2013 - June 30, 2014 N/A Fixed Interest Rate of 5.41%

There is a 1.051% origination fee for all Direct Subsidized and Direct Unsubsidized Loans.

All Direct Subsidized and Direct Unsubsidized Loans first disbursed before July 1, 2006 have a variable interest rate. The interest rate on these variable rate loans is changed on July 1st of each year.

Consolidation loans disbursed under the Direct Loan Program can have either a fixed or variable interest rate depending on when the application was received.

See more detailed charts of historical interest rates.