2020-21 Federal Student Loan Interest RatesProjected rates for new loans disbursed on or after July 1, 2020 and before July 1, 2021. |
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Loan Type | Borrower | Fixed Interest Rate |
---|---|---|
Direct Loans (both subsidized and unsubsidized) | Undergraduate | 2.75% |
Direct PLUS Loans | Parents | 5.30% |