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%.
What is the difference between a Direct Subsidized and a Direct Unsubsidized Loan? The Federal Government pays the interest for Direct Subsidized Loans while the student is in college or while the loan is in deferment. Interest begins accruing for Direct Unsubsidized Loans as soon as the loan is taken out.