Origination Fees

 

Origination fees are subtracted from the amount borrowed


For loans disbursed on or after October 1, 2018, and before October 1, 2019:

Subsidized/Unsubsidized fee is 1.062%

Direct PLUS (parent/gradaute/professional) fee is 4.248%


For loans disbursed on or after October 1, 2017 and before October 1, 2018:

Subsidized and unsubsidized loan fee is 1.066%

Direct PLUS loans (parent and graduate/professional student borrowers) fee is 4.264%