Alexa Federal Student Loan Interest Rates for 2020-21 | Alexa Flash Briefing Written by College Coach Guest Authoron May 12th, 2020 Bright Horizons College Coach occasionally features blog posts written by guest authors. You’ll find more information about each guest author in the About the Author section on the blog post. Learn More About College Coach Planning to borrow a Federal student or Federal parent loan this coming school year? The interest rates for those loans have just been announced and they are much lower than the previous year. For loans borrowed between July 1, 2020 and June 30, 2021, the interest rates are as follows: Undergraduate students borrowing the Federal Direct loan (both subsidized and unsubsidized) will have a fixed interest rate of 2.75%. Graduate students borrowing the unsubsidized Federal Direct loan will have a fixed interest rate of 4.3%. Parents and graduate students borrowing the Direct PLUS loan will have a fixed interest rate of 5.3%. For more details, see the special College Coach Breaking News blog post at blog.getintocollege.com. Related Resources Read | Posted on June 17th, 2021 Paying for College in the US | Alexa Flash Briefing Read | Posted on June 16th, 2021 What are Satellite Campuses? | Alexa Flash Briefing Read | Posted on June 15th, 2021 Value of a Summer Job | Alexa Flash Briefing
