2024 2024 Interest Rate Student Loans. Loans for which the application was received on or after 2/1/1999 (any status) will have a fixed interest rate of the lesser of 8.25 percent or the weighted average of the loans. Funds provided by the government for undergraduate degrees are now disbursed with a 6.53 percent interest rate, up from 5.5 percent.
Current federal student loan interest rates. These rates are accurate as of august 5, 2024.