New Direct Loans*

[Pages:4]New Direct Loans*

First Disbursed on or after July 1, 2019 and through June 30, 2020

Stafford Subsidized Loans

Undergraduate 4.53%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 4.53%

Graduate 6.08%

PLUS Loans 7.08%

Existing Direct Loans*

First disbursed on or after July 1, 2018 and through June 30, 2019

Stafford Subsidized Loans

Undergraduate 5.05%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 5.05%

Graduate 6.60%

PLUS Loans 7.60%

First disbursed on or after July 1, 2017 and through June 30, 2018

Stafford Subsidized Loans

Undergraduate 4.45%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 4.45%

Graduate 6.00%

PLUS Loans 7.00%

First disbursed on or after July 1, 2016 and through June 30, 2017

Stafford Subsidized Loans

Undergraduate 3.76%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 3.76%

Graduate 5.31%

PLUS Loans 6.31%

* Maximum interest rates: Undergraduate Sub./Unsub. 8.25%; Graduate Unsub. 9.50%; PLUS 10.50% **No new FFELP loans were made on or after July 1, 2010 based on a satutory change. Revised 7/01/19

First disbursed on or after July 1, 2015 and through June 30, 2016

Stafford Subsidized Loans

Undergraduate 4.29%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 4.29%

Graduate 5.84%

PLUS Loans 6.84%

First disbursed on or after July 1, 2014 and through June 30, 2015

Stafford Subsidized Loans

Undergraduate 4.66%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 4.66%

Graduate 6.21%

PLUS Loans 7.21%

First disbursed on or after July 1, 2013 5nd through June 30, 2014

Stafford Subsidized Loans

Undergraduate 3.86%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 3.86%

Graduate 5.41%

PLUS Loans 6.41%

First disbursed on or after July 1, 2012 and through June 30, 2013

Stafford Subsidized Loans

Undergraduate 3.40%

Graduate N/A

Stafford Unsubsidized Loans

Undergraduate 6.80%

Graduate 6.80%

PLUS Loans 7.90%

* Maximum interest rates: Undergraduate Sub./Unsub. 8.25%; Graduate Unsub. 9.50%; PLUS 10.50% **No new FFELP loans were made on or after July 1, 2010 based on a satutory change. Revised 7/01/19

First disbursed on or after July 1, 2011 and through June 30, 2012

Stafford Subsidized Loans

Undergraduate 3.40%

Graduate 6.80%

Stafford Unsubsidized Loans

Undergraduate 6.80%

Graduate 6.80%

PLUS Loans 7.90%

First disbursed on or after July 1, 2010 and through June 30, 2011

Stafford Subsidized Loans

Undergraduate 4.50%

Graduate 6.80%

Stafford Unsubsidized Loans

Undergraduate 6.80%

Graduate 6.80%

PLUS Loans 7.90%

Existing Direct Loans and FFELP Loans**

First disbursed on or after July 1, 2009 and through June 30, 2010

Stafford Subsidized Loans

Undergraduate 5.60%

Graduate 6.80%

Stafford Unsubsidized Loans

Undergraduate 6.80%

Graduate 6.80%

PLUS Loans

Direct 7.90%

FFELP 8.50%

First disbursed on or after July 1, 2008 and through June 30, 2009

Stafford Subsidized Loans

Undergraduate 6.00%

Graduate 6.80%

Stafford Unsubsidized Loans

Undergraduate 6.80%

Graduate 6.80%

PLUS Loans

Direct 7.90%

FFELP 8.50%

* Maximum interest rates: Undergraduate Sub./Unsub. 8.25%; Graduate Unsub. 9.50%; PLUS 10.50% **No new FFELP loans were made on or after July 1, 2010 based on a satutory change. Revised 7/01/19

First disbursed on or after July 1, 2007 and through June 30, 2008

Stafford Subsidized Loans 6.80%

Stafford Unsubsidized Loans 6.80%

PLUS Loans

Direct 7.90%

FFELP 8.50%

First disbursed on or after July 1, 2006 and through June 30, 2007

Stafford Subsidized Loans 6.80%

Stafford Unsubsidized Loans 6.80%

PLUS Loans

Direct 7.90%

FFELP 8.50%

* Maximum interest rates: Undergraduate Sub./Unsub. 8.25%; Graduate Unsub. 9.50%; PLUS 10.50% **No new FFELP loans were made on or after July 1, 2010 based on a satutory change. Revised 7/01/19

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