All UAlbany pupils borrowing Federal Direct Subsidized and/or Unsubsidized Loan(s) for the time that is first finish Federal Direct Loan Entrance Counseling ahead of disbursement of funds. To perform the Federal Direct Loan Entrance Counseling, please check out: StudentLoans.gov.
The Department of Education will alert UAlbany within 2-3 times following the entry guidance is completed online.
Direct Loan Rates Of Interest and Origination Charges
The 2019-2020 Direct Loan interest levels and Origination costs chart provides:
- Interest levels For Direct Loans first disbursed on or after 1, 2019 and through
June 30, 2020 july.
- Origination charges for Direct Loans First Disbursed on or After October 1, 2019.
|2019-2020 Direct Loan interest levels and Origination Fees|
|Loan Type||Borrower Type||Interest Rate||Origination Fee|
|Direct Subsidized Loans||Undergraduate||4.53per cent||1.059%|
|Direct Unsubsidized Loans||Undergraduate||4.53%||1.059%|
|Direct Unsubsidized Loans||Graduate||6.08%||1.059%|
|Direct PLUS Loans||Parents and Graduate||7.08%||4.236%|
Please be aware, these fixed interest rates affect the time of 1, 2019 to June 30, 2020 july. Continue reading Federal Direct Subsidized and Unsubsidized Entrance Counseling