Direct Subsidized or Unsubsidized Loan / Federal Stafford Loan (subsidized or unsubsidized) interest rates

Interest rates for Direct Subsidized or Unsubsidized Loans / Federal Stafford Loans (subsidized or unsubsidized) vary depending on loan type, when the loan was first disbursed, and your degree status (undergraduate or graduate).

Period loans first disbursed	Subsidized		Unsubsidized (all)
Period loans first disbursed	Undergraduate	Graduate	Unsubsidized (all)
July 1, 2012 – June 30, 2013	Fixed rate of 6.8 percent	Not available *	Fixed rate of 6.8 percent
July 1, 2011 – June 30, 2012	Fixed rate of 3.4 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 2010 – June 30, 2011	Fixed rate of 4.5 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 2009 – June 30, 2010	Fixed rate of 5.6 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 2008 – June 30, 2009 (current)	Fixed rate of 6 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 2006 – June 30, 2008	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 1998 – June 30, 2006	Variable rate with cap of 8.25 percent. Rate adjusted each year on July 1 As of July 1, 2010, rate is 1.87 percent during in-school, grace, and deferment periods and 2.47 during repayment.	Variable rate with cap of 8.25 percent. Rate adjusted each year on July 1 As of July 1, 2010, rate is 1.87 percent during in-school, grace, and deferment periods and 2.47 during repayment.	Variable rate with cap of 8.25 percent. Rate adjusted each year on July 1 As of July 1, 2010, rate is 1.87 percent during in-school, grace, and deferment periods and 2.47 during repayment.
Prior to July 1, 1998	Contact your loan holder to determine rate	Contact your loan holder to determine rate	Contact your loan holder to determine rate

* Effective July 1, 2012, graduate and professional students will not receive new subsidized Direct Loans.