2023-2024 Federal Student Loan Interest Rates

The new interest rates for Federal Direct Loans disbursed on or after July 1, 2023, and before July 1, 2024 are as follows:

Federal Unsubsidized Loan: 7.05 %

Federal Graduate PLUS Loan: 8.05%

These are fixed interest rates that will not change for the life of the loan. 

If you have any questions, please contact the Office of Financial Aid at (312) 906-5180 or at finaid@kentlaw.iit.edu.