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

Direct Subsidized

Direct Unsubsidized

Undergraduate

Graduate

Undergraduate

Graduate

July 1, 2013 -
June 30, 2014

Fixed rate of 3.86 percent

Not applicable

Fixed rate of 3.86 percent

Fixed rate of 5.41 percent

July 1, 2012 -
June 30, 2013

Fixed rate of 3.4 percent

Not applicable

Fixed rate of 6.8 percent

July 1, 2011 -
June 30, 2013

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

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

• Current rate is 1.75 percent during in-school, grace, and deferment periods and 2.35 during repayment.

• Variable rate with cap of 8.25 percent, adjusted July 1

• Current rate is 1.75 percent during in-school, grace, and deferment periods and 2.35 during repayment.

• Variable rate with cap of 8.25 percent, adjusted July 1

• Current rate is 1.75 percent during in-school, grace, and deferment periods and 2.35 during repayment.

• Variable rate with cap of 8.25 percent, adjusted each year on July 1

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

Military service members may be eligible for reduced interest rates.

If you need more information about the interest rate(s) for your student loans, contact your loan holder. If you aren't sure which institution or servicer holds your loans, locate your loan holder.

For more interest rate information: