For the same loans originated during the 2023-2024 school year, the interest rate was 7.05%. For 2024-2025, the fixed interest rate is 8.08%. A Direct PLUS loan is a federal parent loan ...

Car loan interest rates and annual percentage rates, or APRs, aren't the same. Interest rate is the percentage you pay to borrow money. APR includes interest rate plus any fees charged by a lender.

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 ...

PLUS loans come with similar benefits as other federal student loans, including flexible repayment options. However, the interest rate is higher than the rates for Direct Subsidized and ...

The Federal Direct ... Parent PLUS Loan. NOTE: Parents who want to apply for the PLUS Loan for the 2025-2026 academic year must wait until after April 15, 2025 when the 2025-2026 PLUS Loan application ...

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.

Federal PLUS loans are currently funded through the ... Other federal student loan programs typically have lower interest rates. Direct Unsubsidized Loans have an interest rate of 8.08%, while ...

See how we rate student loans to write unbiased ... You'll need a credit check to get a private loan and to get a Direct PLUS Loan from the government. If you need help paying for college and ...