One Thousand Days Transformed - The Campaign for Cedarville

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Direct Loan Interest Rates

Aid
Year
Undergraduate
Sub/Unsub
Loans
Parent PLUS or
Grad PLUS
Loans
Graduate
Unsubsidized
Loans
Effective
Dates *
2024-256.53%9.08%8.08%07-01-2024 thru
06-30-2025
2023–245.50%8.05%7.05%07-01-2023 thru
06-30-2024
2022–234.99%7.54%6.54%07-01-2022 thru
06-30-2023
2021–223.73%6.28%5.28%07-01-2021 thru
06-30-2022

* Interest Rate Effective Dates: The date used to determine which interest rate applies is the "date of the first disbursement" for each loan.

More information on Federal Direct Loans. For specific information see the following loan types:

Direct Loan Fee Rates

Effective
Dates*
Sub/Unsub Loans
(UG and Grad)
PLUS Loans
(Parent and Grad)
10-01-2023 thru
09-30-2025
1.057%4.228%
10-01-2023 thru
09-30-2024
1.057%4.228%
10-01-2022 thru
09-30-2023
1.057%4.228%
10-01-2021 thru
09-30-2022
1.057%4.228%

* Loan Fee Effective Dates: The date used to determine which loan fee rate applies is the "date of the first disbursement" for each loan.

More information on Interest Rates and Fees.