Not exact matches
Since a 2013 overhaul of the Higher Education Act, interest rates on federal direct loans are set annually, according to a
formula that uses rates for 10 -
year Treasury notes as a benchmark.
Since a 2013 overhaul of the Higher Education Act, interest rates on federal direct loans are set annually, according to a
formula that uses rates for 10 -
year Treasury notes as a benchmark.
Graduate and parent Direct PLUS Loans use a
formula based on the 10 -
year Treasury note plus 4.6 percent, with a 10.5 percent interest rate cap
Undergraduate Direct Loans use a
formula based on the 10 -
year Treasury note plus 2.05 percent, with an 8.25 percent interest rate cap
Graduate Direct Loans use a
formula based on the 10 -
year Treasury note plus 3.6 percent, with a 9.5 percent interest rate cap