Tip of the Week
Updated interest rate information available
on Mapping Your Future website
July is just around the corner and that means student loan borrowers will see slightly higher interest rates starting July 1.
To help your students know the upcoming July 1 interest rates, Mapping Your Future staff recently updated several references to interest rates. The new rates were announced in a June 4 Electronic Announcement.
Updates were completed on the:
- Printable Student Loan Interest Rate chart covering Direct Loan, Direct PLUS, and Perkins Loan interest rates
- Direct Subsidized or Unsubsidized Loan interest rates page
- Direct PLUS Loans for graduate and professional students page
- Direct PLUS Loans for parents page
In the near future, the entrance and exit loan counseling materials on our website will be updated to incorporate the new interest rate changes as well as other upcoming changes to student loans.
If you have questions, please contact the Mapping Your Future staff at feedback@mappingyourfuture.org or (800) 374-4072.
– By Marlene Seeklander
