For 2024-2025, the fixed interest rate is 8.08%. A Direct PLUS loan is a federal parent loan, available to those looking to bridge the gap if their child's financial aid won't cover the cost of ...

Type of interest rate. Direct PLUS loans have fixed interest rates. You're able to choose between a fixed and variable loan with a private company. 2. Interest rate. Direct PLUS loans have an ...

Graduate and professional direct loan rates will be 8.08%, up from 7.05%. PLUS loans will have a 9.08% interest rate, up from 8.05%. It's the highest interest rate for direct unsubsidized loans ...

With Direct Unsubsidized Loans, you can borrow up to $20,500 each academic year, and Direct PLUS Loans let you borrow ... credit and can score a lower interest rate by going private, a lender ...

Federal Direct PLUS Loans are available to graduate or professional students (Grad PLUS) and parents of dependent undergraduate students (Parent PLUS). Direct PLUS loans can help cover the remaining ...

10 Year Treasury Yield Plus 4.60% If interest rates do continue to rise, it’s important to note that these loans do have rate caps. Currently, undergraduate Direct loans are capped at 8.25% ...

comes with the lowest interest rate available, and provides affordable monthly payments after you leave school. Is the Parent PLUS Loan Federal or Private? A parent PLUS loan is a type of federal ...

The Department of Education extends Direct PLUS loans to eligible students ... several Parent PLUS loans into one loan to achieve a lower interest rate or to simplify repayment.

And, of course, student loan interest rates also play a role in where we ... for graduate or professional students, and 9.08% for Direct PLUS loans for parents and graduate or professional students.