Federal Direct Loan Interest Rates

2021 – 2022

Interest Rates for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans first disbursed on or after July 1, 2021 and before July 1, 2022
Loan TypeFixed Interest Rate
Direct Subsidized Loans and Direct Unsubsidized Loans for Undergraduate Students3.73%
Direct Unsubsidized Loans for Graduate and Professional Students5.28%
Direct PLUS Loans for Parents of Dependent Undergraduate Students and for Graduate or Professional Students6.28%