Alexa Student Loan Interest Rates Announced | Alexa Flash Briefing Written by College Coach Guest Authoron May 8th, 2019 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 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. 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
