Student Loans Rates
Federal student loans carry fixed rates set by Congress each award year; private student loans vary by lender and creditworthiness. Standard repayment runs 10 years.
Quick answer
No single official figure is published for this product — the official source links below show where to check the latest.
Benchmarks
| Benchmark | Rate | Source |
|---|---|---|
| Federal student loan rates, current award year Rates are set per award year — see the official Federal Student Aid page for the latest published figures. | See the latest published figure at the source link below. as of 2026-09-10 | U.S. Department of Education studentaid.gov |
National averages for context, not offers. Retrieved 2026-09-10 — always confirm the latest published figure at the source link.
Frequently asked questions
How does an extra payment change student loan payoff?
Extra payments go toward principal, which shortens the term and cuts total interest. The student loan calculator shows the standard schedule alongside the with-extra schedule.
What is the current federal student loan rate?
Federal rates are fixed per award year and published by Federal Student Aid — the student rates page links the official table rather than quoting a figure that changes yearly.
Federal vs. private student loans — what differs?
Federal loans offer fixed rates set by Congress plus income-driven options; private loans vary by lender and creditworthiness. Compare total cost, not just the monthly payment.
Does this calculator give financial advice?
No — it is an educational estimate. LoanMatchers is not a lender; confirm terms with your loan servicer or lender.
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Cite this page
LoanMatchers Editorial Team. “Student Loans Rates.” https://loanmatchers.com/rates/student/. Accessed 2026-09-10.
Sources
- Consumer Financial Protection Bureau — Ask CFPB — Consumer Financial Protection Bureau — consumerfinance.gov
- Federal Student Aid — loan interest rates — U.S. Department of Education — studentaid.gov
Benchmarks are national averages from the publishers above, not offers. See our methodology.
Not financial advice. LoanMatchers is not a lender. Rates and terms vary by lender and creditworthiness. This page provides general educational information, not financial advice — consult a qualified professional before making financial decisions.
By the LoanMatchers Editorial Team. Last updated 2026-09-10. Educational information only — not financial advice.