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).

For a detailed interest rate breakdown by loan disbursement date and/or for loans that fall under various provisions and caps, refer to interest rate charts provided by the U.S. Department of Education (ED) and to the most recent “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.