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What is the interest rate and fees charged in the Federal Direct Loan Program (DL) compared to the Federal Family Education Loan Program (FFELP)?

April 26, 2017charged DL family Federal fees Interest rate loan program

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What is the interest rate and fees charged in the Federal Direct Loan Program (DL) compared to the Federal Family Education Loan Program (FFELP)?

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See Chart below for 2009-2010 interest and fees: FFELP DL Interest Fees Interest Fees Federal Subsidized Stafford 5.6% 0-2% 5.6% 0.5% Federal Unsubsidized Stafford 6.8% 0-2% 6.8% 0.5% Federal Parent PLUS 8.5% 3% 7.9% 2.5%