Loan Interest Rates

Current Rates: Interest Rates for loans borrowed July 1, 2018 - June 30, 2019:
  • Federal Direct Loan Rates
    Federal Subsidized Undergraduate Loans: 5.05% fixed
    Federal Unsubsidized Undergraduate Loans: 5.05% fixed
    Federal Unsubsidized Graduate/Professional Loans: 6.6% fixed
  • Federal Direct PLUS Loans
    Rate: 7.6% fixed
  • Alternative Loans
    Rates Vary depending on the lender -- Current rates for variable rate loans range from 3.5% - 6.00% for borrowers/co-borrowers with very good credit. Current rates for fixed rate alternative loans range from 6.0% - 8.00% for borrowers/co-borrowers with very good credit. Borrowers/co-borrowers who have limited or damaged credit may qualify at significantly higher rates. Check with individual Alternative Loan Lenders for details.