New Federal Education Loan Interest Rates Effective July 1

Due to federal legislation recently passed by Congress, federal education loan interest rates, which went into effect on July 1, 2013, have changed. Below are the new rates:

Loan Program

Current Interest Rates by Program Type

for Students

5% fixed

for Students

3.86% fixed - Undergrauate subsidized & unsubsidized

5.41% fixed - Graduate unsubsidized

for Parents and Graduate
Professional Students

6.41% fixed

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