{"id":4270,"date":"2024-05-15T11:53:33","date_gmt":"2024-05-15T16:53:33","guid":{"rendered":"https:\/\/mitchellhamline.edu\/financial-aid\/?p=4270"},"modified":"2024-05-15T11:53:33","modified_gmt":"2024-05-15T16:53:33","slug":"2024-25-direct-loans-interest-rates","status":"publish","type":"post","link":"https:\/\/mitchellhamline.edu\/financial-aid\/2024\/05\/15\/2024-25-direct-loans-interest-rates\/","title":{"rendered":"2024-25 Direct Loans Interest Rates"},"content":{"rendered":"<p>The interest rate is determined annually for all loans first disbursed during any 12-month period beginning on July 1 and ending on June 30, and is equal to the high yield of the 10-year Treasury notes auctioned at the final auction held before June 1 of that 12-month period, plus a statutory add-on percentage that varies depending on the loan type and, for Direct Unsubsidized Loans, whether the loan was made to an undergraduate or graduate student.<\/p>\n<p>The interest rate for any Direct Unsubsidized Loans, and Direct PLUS Loans first disbursed on or after July 1, 2024 and before July 1, 2025 will be 8.08% for the unsubsidized loan and 9.08% for the Graduate PLUS loan. This rate is fixed for the life of the loan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The interest rate is determined annually for all loans first disbursed during any 12-month period beginning on July 1 and ending on June 30, and is equal to the high yield of the 10-year Treasury notes auctioned at the final auction held before June 1 of that 12-month period, plus a statutory add-on percentage that &hellip; <\/p>\n<p><a href=\"https:\/\/mitchellhamline.edu\/financial-aid\/2024\/05\/15\/2024-25-direct-loans-interest-rates\/\" class=\"more-link\">2024-25 Direct Loans Interest Rates<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4270","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"entry"},"acf":[],"_links":{"self":[{"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/posts\/4270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/comments?post=4270"}],"version-history":[{"count":0,"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/posts\/4270\/revisions"}],"wp:attachment":[{"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/media?parent=4270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/categories?post=4270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mitchellhamline.edu\/financial-aid\/wp-json\/wp\/v2\/tags?post=4270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}