The following is a record of each ratified amendment and the states and dates that led to the ratification. The Constitutional Timeline and the Ratification Grid may also be of interest.
Federal Direct Student Loan. 2016â2017 Interest Rates. For Federal Direct Student Loans with a first disbursement date between July 1, 2016 and June 30, 2017, the following rates are fixed for the life of the loan: Direct Subsidized Loans and Direct Unsubsidized. Loans for Undergraduate Students 3.76%.
The Federal Direct Subsidized and Unsubsidized Loans are low-interest loans designed to provide students with funds for their college education. These loans must be repaid. Federal Direct Subsidized Loans are based on financial need. The federal government pays the interest during in-school, grace and deferment periods.