Federal Direct Loan Interest Rates
Interest rates for federal direct loans disbursed between July 1, 2021 and June 30, 2022:
- undergraduate subsidized direct loans fixed at 3.73 percent
- undergraduate unsubsidized direct loans fixed at 3.73 percent
- graduate students are no longer eligible for subsidized loans per federal regulations
- graduate unsubsidized direct loans fixed at 5.28 percent
- graduate PLUS direct loans 6.28 percent
- parent PLUS direct loans 6.28 percent.
The change from a variable- to a fixed-interest rate does not affect a borrower's variable-interest rate on loans made before July 1, 2006.
A 1.057 percent origination fee for all Stafford loans and a 4.228 percent origination fee for all PLUS loans is paid to the U.S. Department of Education for loans first disbursed between Oct. 1, 2021 and Sept. 30, 2022.
Learn More About the Federal Direct Loan Program
Contact Us
Fax: 518-580-4863
Mailing Address:
Empire State College
Financial Aid
111 West Ave.
Saratoga Springs, NY 12866
Questions? Contact 1Stop Student Services at 518-587-2100 or 800-847-3000.
FAFSA Info
Code: 010286
Name: SUC Empire State College
TAP Codes
Undergraduate Associate: 0916
Undergraduate Bachelor's: 0913
Graduate: 5680 (for graduate students applying for Veteran Tuition Awards)
Announcements
For students who plan to enroll in courses beginning May 2022 and thereafter, please submit the 2022-2023 FAFSA.
You will need Adobe Acrobat Reader to view the PDF files on this site. If Acrobat Reader is not installed on your computer, you can download it for free from Adobe's site. If you are still unable to view the file, please contact us at financialaid@esc.edu or call 800-847-3000.
