2024-19310. Annual Notice of Interest Rates for Variable-Rate Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program

Chart 1—Direct Subsidized Loans, Direct Unsubsidized Loans, Direct Subsidized Consolidation Loans, Direct Unsubsidized Consolidation Loans, Direct PLUS Loans, and Direct PLUS Consolidation Loans

[Interest rates based on 91-day treasury bill]

Loan type	Cohort	91-day T-bill rate 05/28/24 (%)	Add-on (%)		Maximum rate (%)	Interest rate 07/01/24 through 06/30/25 (%)
Subsidized, Unsubsidized	First disbursed on/after 07/01/98 and before 07/01/06	5.40	1.70 (in-school, grace, deferment)	2.30 (any other status)	8.25	7.10 (in-school, grace, deferment)	7.70 (any other status)
Subsidized Consolidation, Unsubsidized Consolidation	First disbursed on/after 07/01/98 and before 10/01/98; or Application received before 10/01/98 and first disbursed on/after 10/01/98
PLUS	First disbursed on/after 07/01/98 and before 07/01/06	5.40	3.10		9.00	8.50
PLUS Consolidation	First disbursed on/after 07/01/1998 and before 10/01/1998; or Application received before 10/01/98 and first disbursed on/after 10/01/98
Subsidized, Unsubsidized, Subsidized Consolidation, Unsubsidized Consolidation	First disbursed on/after 07/01/95 and before 07/01/98	5.40	2.50 (in-school, grace, deferment)	3.10 (any other status)	8.25	7.90 (in-school, grace, deferment)	8.25 (any other status)
Subsidized, Unsubsidized, Subsidized Consolidation, Unsubsidized Consolidation	First disbursed before 07/01/95	5.40	3.10		8.25	8.25
Subsidized Consolidation, Unsubsidized Consolidation, PLUS Consolidation	Application received on/after 10/01/98 and before 02/01/99	5.40	2.30		8.25	7.70

( print page 68882)

Chart 2—Direct PLUS Loans and Direct PLUS Consolidation Loans

[Interest rates based on weekly average of one-year constant maturity treasury yield]

Loan type	Cohort	Weekly average of 1-year constant maturity treasury yield for last calendar week ending on or before 06/26/24 (%)	Add-on (%)	Maximum rate (%)	Interest rate 07/01/24 through 06/30/25 (%)
PLUS; PLUS Consolidation	First disbursed before 07/01/98	5.10	3.10	9.00	8.20