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Student Financial Aid

Interest Rate Chart


Federal Direct Student Loans 2017-2018 Interest Rates
(For Loans First Disbursed on or After July 1, 2017 and Prior to July 1, 2018)
Loan Type Borrower Type Index Rate Add-On Fixed Interest Rate
10-Year Treasury Note Index
Direct Subsidized Loans Undergraduate Students 2.400% 2.05% 4.45%
Direct Unsubsidized Loans Undergraduate Students 2.400% 2.05% 4.45%
Direct Unsubsidized Loans Graduate/Professional Students 2.400% 3.60% 6.00%
Direct PLUS Loans Parents of Dependent Undergraduate Students and Graduate/Professional Students 2.400% 4.60% 7.00%
Direct Consolidation Loans     The interest rate for Direct Consolidation Loans remains the weighted average of the interest rates on the loans included in the consolidation, rounded up to the next higher one-eighth of one percent. There is no maximum interest rate for Direct Consolidation Loans.