Loans Disbursed after July 1, 2009 - Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 5.6% - Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8% - Federal Direct Subsidized/Unsubsidized loans for graduate students have a fixed interest rate of 6.8% - Federal Direct PLUS (Parent or Grad) loans have a fixed interest rate of 7.9%
Loans Disbursed after July 1, 2008 - Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 6% - Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8% - Federal Direct Subsidized/Unsubsidized loans for graduate students have a fixed interest rate of 6.8% - Federal Direct PLUS (Parent or Grad) loans have a fixed interest rate of 7.9%
Loans Disbursed between July 1, 2006 and June 30, 2008 - Federal Direct Subsidized/Unsubsidized loans have a fixed interest rate of 6.8% - Federal Direct PLUS (Parent or Grad) loans have a fixed interest rate of 7.9%
Loans Disbursed prior to July 1, 2006 or any Consolidated Loans - Students and parents should verify the interest rate with the lender - Students can access information about all federal student loans using the National Student Loan Data System at www.nslds.ed.gov
Federal Perkins Loans and Health Profession Loans have a fixed interest rate of 5%
Loan Calculators*
- Loan repayment calculator
- Loan interest capitalization calculator
- The Student Loan Advisor provides you with an
estimate of the amount of educational debt you can reasonably afford,
given the expected starting salary for your major.
- Student Loan Advisor for Undergraduate Students
- Student Loan Advisor for Master's Students
- Student Loan Advisor for Doctoral Students
*Loan calculators are from FinAid at www.finaid.org/
