TL;DR

Headline takeaways: Direct Subsidized & Unsubsidized (undergraduate): 6.53% fixed (new loans); Direct Unsubsidized (graduate/professional): 8.08% fixed (new loans); Direct PLUS (parent & grad/professional): 9.08% fixed (new loans).

Key Facts

Direct Subsidized & Unsubsidized (undergraduate): 6.53% fixed (new loans)
Direct Unsubsidized (graduate/professional): 8.08% fixed (new loans)
Direct PLUS (parent & grad/professional): 9.08% fixed (new loans)
Rate window: 2024-25 (first disbursement Jul 1, 2024 – Jun 30, 2025)

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Downloads reflect the processed dataset used to generate this page’s charts and tables.

Federal Direct Loan Interest Rates

Federal Direct Fixed Rates (New Loans)

These are the official fixed rates for new federal loans first disbursed in the stated academic window; private refinance and credit-based loans use different pricing. Window: 2024-25 (first disbursement Jul 1, 2024 – Jun 30, 2025).

U.S. Department of Education / Federal Student Aid fixed-rate schedule for the disbursement window shown.

FAQ

What does the Average Student Loan Interest Rates (Federal Direct, Fixed) (2026 stats) dataset measure?

It summarizes the metrics shown on this page (charts and tables) using the sources listed in the Data Sources section, with national aggregates and breakdowns where available.

What is the primary data source?

College Scorecard (U.S. Department of Education). Some pages also incorporate Census ACS context where noted.

How often is this page updated?

Pages update when the underlying processed datasets are refreshed and the HTML is regenerated; the Last updated date reflects the most recent build.

Data Sources

College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and enrollment data
- Data year: 2024
- Source: collegescorecard.ed.gov
Census ACS - U.S. Census Bureau
- Demographic and workforce data
- Data year: 2023
- Source: census.gov