Direct Loan Interest Rates (2014-2015)

iGrad 2014-2015 DIRECT LOAN INTEREST RATES All Direct Stafford and PLUS Loans disbursed on or after July 1, 2006, have a fixed rate. Loans disbursed on or before June 30, 2006, continue to have a variable rate that changes annually on July 1. DIRECT STAFFORD LOAN O 4.66% 3.40% m NEW AND EXISTING SUBSIDIZED EXISTING SUBSIDIZED LOANS AND UNSUBSIDIZED LOANS FOR FOR UNDERGRADUATE UNDERGRADUATE STUDENTS STUDENTS FIXED RATE Disbursed July 1, 2014, FIXED RATE Disbursed July 1, 2011, to June 30, 2015 to June 30, 2013 6.21% 6.80% NEW AND EXISTING UNSUBSIDIZED EXISTING UNSUBSIDIZED LOANS LOANS FOR GRADUATE STUDENTS FOR UNDERGRADUATE STUDENTS Disbursed July 1, 2014, to June 30, 2015 Disbursed July 1, 2006, to June 30, 2013 FIXED RATE FIXED RATE EXISTING UNSUBSIDIZED AND SUBSIDIZED LOANS FOR GRADUATE 1.75% 2.35% EXISTING LOANS STUDENTS* ( Disbursed July 1, 1998, to June 30, 2006 Disbursed July 1, 2006, to June 30, 2013 NEW VARIABLE RATE FOR LOANS IN REPAYMENT NEW VARIABLE RATE FOR LOANS WITH IN-SCHOOL, IN-GRACE, OR IN-DEFERMENT STATUSES EXISTING UNSUBSIDIZED LOANS EXISTING LOANS FOR GRADUATE STUDENTS Disbursed July 1, 1998, to June 30, 2006 Disbursed July 1, 2006, to June 30, 2013 DIRECT PLUS AND GRAD PLUS LOANS 7.21% 7.90% 3.15% DIRECT PLUS AD LOANS 'S LUANS FIXED RATE FIXED RATE NEW VARIABLE RATE NEW AND EXISTING LOANS EXISTING LOANS EXISTING LOANS Disbursed July 1, 2014, Disbursed July 1, 2006, to June 30, 2013 Disbursed July 1, 1998, to June 30, 2006 to June 30, 2015 *Effective for loans made for payment periods that begin on or after July 1, 2014, graduate and professional students are no longer eligible to receive subsidized loans. However, if you are a graduate or professional student, you may still qualify for up to $20,500 in unsubsidized loans each year. Yorad