Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

(Loans) Subject: Direct Loan and FFEL Interest Rates Effective July 1, 2009

Posted Date: May 27, 2009

Author: Jeff Baker, Director Policy Liaison and Implementation, Federal Student Aid

Subject: Direct Loan and FFEL Interest Rates Effective July 1, 2009

The attachment to this announcement provides a summary of Direct Loan and FFEL borrower interest rates that will be effective beginning July 1, 2009. The top chart provides the rates for loans first disbursed on or after July 1, 2006 that have fixed rates for the life of the loan. The bottom chart provides rates for loans that were first disbursed between July 1, 1998 and June 30, 2006. These loans have variable interest rates that are reset each year.

In the next several days we will post a more comprehensive listing of the interest rates for all FFEL and Direct Loans, including those that were first disbursed prior to July 1, 1998.

Last Modified: 05/26/2009