July 1 Brings Higher Rates, Other Changes for New Federal Student Loans
July 1 is when most changes to federal student aid go into effect for the coming school year. Several are lined up for 2014-15, including higher interest rates on new student loans for undergraduates, graduate students, and parents. The Institute on College Access & Success’ (TICAS) Project on Student Debt has created a new easy-to-read chart with interest rates, loan amounts, and other useful information about federal loans issued in 2014-15.
