Loan & Financial Awareness


The committee collaborates with the Wisconsin Coalition on Student Loan Debt. We serve as a voice to the financial aid community during Coalition meetings and events organized across the state.

Interest Rates For Federal Direct Loans 

 Federal Loan Interest Rates as of July 1, 2019

Undergraduate Federal Direct Subsidized 4.53% (1.062% origination fee*)
Undergraduate Federal Direct Unsubsidized 4.53% (1.062% origination fee*)
Graduate Federal Direct Unsubsidized 6.08% (1.062% origination fee*)
Federal Direct PLUS (parent and grad) 7.08% (4.248% origination fee*)

*This is the current origination fee. Beginning 10/1/2019 origination fees will change to the values listed below. 

 Origination Fees as of October 1, 2019

Undergraduate Federal Direct Subsidized 1.059% 
Undergraduate Federal Direct Unsubsidized 1.059
Graduate Federal Direct Unsubsidized 1.059
Federal Direct PLUS (parent and grad) 4.236% 

Do your students know what they owe? 

Refreshed in July 2017 these charts are intended to help borrowers see how the amount they borrow translate into what will become their monthly student loan payment.  Please feel to distribute these as needed:

Know What You Owe Stafford Direct Subsidized/Unsubsidized Loans

Know What You Owe Direct PLUS Loans

We Want to Hear From You!

Financial aid offices across the state are implementing innovative ways of educating students about student loan borrowing and financial education. Our committee would like to provide a way for colleges to share what is happening on their campuses.

Complete Our Survey Here!

Be sure you're logged in above to see all the content on this page! 
Not a member yet?
Click here to apply today.



Interested in learning more about joining this committee?Click here to Join!

Need to make an update to your committee page? 
Click here to request it!

Copyright (c) 2016 - all rights reserved

WASFAA is a 501(c)3 non-profit organization.

Powered by Wild Apricot Membership Software