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The Insider: Your Expert Guide to College Admissions -
Alexa

Student Loan Interest Rates Announced | Alexa Flash Briefing

The student loan interest rates for the 2019/20 academic year have just been announced. Interest rates for the Federal Direct Loan program are set each year based on the 10-Year Treasury Note rate as of June 1. The Treasury Department just held its last T-Note auction scheduled prior to that June 1 date, so rates are now locked in.

Without further ado, interest rates for the 2019/20 school year will be:

  • Subsidized and Unsubsidized Direct Loans for undergraduate students: 4.529%
  • Unsubsidized Direct Loans for graduate students: 6.079%
  • Direct PLUS Loans for graduate student and parents of undergraduate students: 7.079%

To learn more, visit the Insider blog at blog.getintocollege.com.

May 8, 2019by College Coach
College Loan Advice

Breaking News! 2019/20 Student Loan Interest Rates Just Announced!

Breaking News graphic

If you or your child plan to borrow federal student loans for the upcoming school year, we have some important news for you. We now know what student loan interest rates will be for the 2019/20 academic year.

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May 8, 2019by Shannon Vasconcelos

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