ED Releases 2014-15 Student Loan Interest Rates; NASFAA Projections Now Confirmed
The student loan interest rates for the 2014-15 academic year, announced today by the Department of Education in an electronic announcement
, match the rates
projected last week by NASFAA. The rates will be 4.66 percent for Federal Direct Stafford Loan (Subsidized and Unsubsidized) for undergraduate students; 6.21 percent for Federal Direct Unsubsidized Stafford Loan for graduate or professional students; and 7.21 percent for Federal Direct PLUS Loan for parents and graduate or professional students.
Publication Date: 5/15/2014