July 1 Brings Higher Rates, Other Changes for New Federal Student Loans
Interest rates and fees rise, subsidized loans won’t accrue interest during grace period

June 26, 2014
The Institute for College Access & Success
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.