CBSHouston

Federal Updates

Decreased Loan Fees for Federal Direct Loans Begin October 1

The Federal Department of Education has instituted some changes to loan fees for Federal Direct Loans. Origination fees for Stafford and PLUS loans will decrease beginning October 1, 2015.

The loan fees for subsidized and unsubsidized Stafford loans will decrease from 1.073% to 1.068%. Parent and Graduate PLUS loan fees will decrease from 4.292% to 4.272%.

FAFSA Changes for 2017-2018