Keyword Analysis & Research: federal student loan rates 2016

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Frequently Asked Questions

What is the average interest rate on a federal student loan?

Federal student loans interest rates for the 2019-2020 school year range from 4.53% to 7.08%. As of July, 2006, all federal student loans have fixed interest for the life of the loan. Although rates are reevaluated by Congress every year, the interest rates on existing loans will not be affected.

What are the interest rates on my student loans?

What Are Current Student Loan Interest Rates? Direct Subsidized and Unsubsidized Loans for undergraduates - 2.75% Direct Unsubsidized Loans for graduates or professional borrowers - 4.30% Direct PLUS Loans for parents and graduate or professional students - 5.30% 1

Is a student loan considered federal?

Most student loans are federal. But if you're still unsure about whether your student loan is federal or private, the best way to find out is by logging into studentaid.gov with your FSA ID. All federal loan information is housed there. If you don't find your loan information through studentaid.gov, you have a private student loan.


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