{"asof":"2026-10-27","year":"2026-27","rates":{"undergrad":6.52,"grad":8.07,"plus":9.07,"auction_yield":4.468,"addons":{"undergrad":2.05,"grad":3.60,"plus":4.60},"fees":{"direct":1.057,"plus":4.228}},
"history":[["2026-27",6.52,8.07,9.07],["2025-26",6.39,7.94,8.94],["2024-25",6.53,8.08,9.08],["2023-24",5.50,7.05,8.05],["2022-23",4.99,6.54,7.54],["2021-22",3.73,5.28,6.28],["2020-21",2.75,4.30,5.30],["2019-20",4.53,6.08,7.08],["2018-19",5.05,6.60,7.60],["2017-18",4.45,6.00,7.00]],
"rap":{"start":"2026-07-01","min":10,"brackets":[[10000,0],[20000,1],[30000,2],[40000,3],[50000,4],[60000,5],[70000,6],[80000,7],[90000,8],[100000,9],[1e12,10]],"dependent":50,"years":30,"notes":["Payment is a share of adjusted gross income, not discretionary income: 1% at $10,001–$20,000 rising one point per $10,000 to 10% above $100,000; $10 a month under $10,000.","Minus $50 a month per dependent child.","Unpaid interest is waived each month, and up to $50 a month of principal is matched when the payment does not cover it, so balances do not grow.","Forgiveness after 30 years of payments (360 qualifying months). Payments count toward Public Service Loan Forgiveness.","Only income-driven plan for loans made on or after July 1, 2026; existing borrowers can move to RAP until July 1, 2028, when SAVE, PAYE and ICR close.","Parent PLUS loans are excluded; parents get the tiered standard plan."]},
"standard":{"tiers":[[25000,10],[50000,15],[100000,20],[1e12,25]],"note":"New tiered standard plan for loans made on or after July 1, 2026: 10 years up to $25,000 borrowed, 15 years to $50,000, 20 years to $100,000, 25 years above."},
"limits":{"grad_annual":20500,"grad_total":100000,"prof_annual":50000,"prof_total":200000,"parent_annual":20000,"parent_student":65000,"lifetime":257500,"note":"Grad PLUS ended for new borrowers on July 1, 2026 (students already enrolled keep access for up to three years). Caps per the 2025 reconciliation law (P.L. 119-21)."},
"src":[["Federal Student Aid: interest rates and fees","https://studentaid.gov/understand-aid/types/loans/interest-rates"],["Federal Student Aid: Repayment Assistance Plan","https://studentaid.gov/manage-loans/repayment/plans/rap"],["CRS: The Repayment Assistance Plan in P.L. 119-21","https://www.congress.gov/crs-product/IF13075"],["The College Investor: 2026-27 rates","https://thecollegeinvestor.com/80477/federal-student-loan-rates-set-to-rise-for-the-2026-27-school-year/"]]}