JB Pritzker, Governor, State of Illinois

Interest Rates

The interest rates for federal student loans are set by federal regulations. Over the years, these regulations have changed; therefore, if students received a Federal Stafford or PLUS loan in the past, their interest rate on those existing loan(s) may vary from their more current loan(s). Students should contact the holder of their loan(s) for information regarding current interest rate(s).

For current interest rate information refer to the “Direct Loan Limits, Rates and Fees” chart that may be accessed via the “Federal Updates” section of the Federal Information page in the e-Library for Partners.