Federal Direct Subsidized and Unsubsidized Entrance Counseling
All UAlbany students borrowing Federal Direct Subsidized and/or Unsubsidized Loan(s) when it comes to time that is first finish Federal Direct Loan Entrance Counseling just before disbursement of funds. To accomplish 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 Interest Levels and Origination Costs
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 rates of interest 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%|
Take note, these fixed interest rates connect with the time of 1, 2019 to June 30, 2020 july. Læs resten