The interest rate for subsidized and undergraduate unsubsidized loans disbursed on or after 7/1/17 and before 6/30/18 is 4.45%.
The interest rate on unsubsidized loans disbursed to graduate students on or after 7/1/17 and before 6/30/18 is 6%.
The interest rate for each loan period remains fixed for the life of the loan.
The current origination fee for subsidized and unsubsidized loans is 1.066%.
The origination fee is retained by the federal government to reduce the cost of administering these low interest loans.