2025-2026 Student Loan Interest Rates

Each year on July 1, the interest rates on federal student loans are updated. Last year we saw higher interest rates. This year, there is a slight decrease, but the interest rates are still very reasonable for an unsecured loan. Interest rates on federal student loans are fixed for the life of the loan.

•  Direct Undergraduate Loans: 6.392%

•  Direct Graduate & Professional Loans: 7.942%

•  Direct PLUS Loans (Grad & Parent): 8.942%

Click Here to download the New Federal Loan Summary that displays the new rates, loan fees, and other details.