2025 2025 Interest Rate Student Loans. When shopping for a student loan, look for a competitive interest rate, flexible repayment terms that meet your needs, generous hardship options and minimal fees. The interest rate on new federal student loans for undergraduates will be 6.53 percent as of july 1, up from 5.5 percent this year, the education department.

However, due to the prevailing. The interest rate on new federal student loans for undergraduates will be 6.53 percent as of july 1, up from 5.5 percent this year, the education department.