Federal Direct Loans
|Loan Type||Borrower Type||Loans first disbursed on or after 7/1/15 and before 7/1/16||Loans first disbursed on or after 7/1/16 and before 7/1/17||Loans first disbursed on or after 7/1/17 and before 7/1/18|
|Direct Subsidized Loans||Undergraduate||4.29%
|Direct Unsubsidized Loans||Undergraduate||4.29%
|Direct Unsubsidized Loans||Graduate or Professional||5.84%
There is a loan origination fee on all Direct Subsidized and Direct Unsubsidized Loans. The loan fee is a percentage of the loan amount and is deducted from each loan when it pays. The current loan origination fee is 1.069%.