Federal Loan Interest Rates and Fees


Effective for loans with a first disbursement on or after July 1, 2014.

Loan Type 2014-2015 Fixed Interest Rate Interest Rate Cap
Direct Subsidized Loan 4.66% 8.25%
Direct Unsubsidized Loan 4.66% 8.25%
Graduate Direct Unsubsidized Loan 6.21% 9.50%
Direct PLUS Loan 7.21% 10.50%


Origination Fee percentages based on the first disbursement date on or after 12/1/2013 and before 10/1/2014.

Loan Type Origination Fee Percentage
Direct Subsidized Loan 1.072%
Direct Unsubsidized Loan 1.072%
Direct PLUS Loan 4.288%


Origination Fee percentages for loans between 10/1/2014 and before 9/30/2015.

Loan Type Origination Fee Percentage
Direct Subsidized Loan 1.073%
Direct Unsubsidized Loan 1.073%
Direct PLUS Loan 4.292%