Mapping Your Future: Updating the 2023-24 interest rates


Updating the 2023-24 interest rates

By Beth Ziehmer

May 31, 2023

The cost of borrowing student loans is getting more expensive. At a time when some student loan borrowers may be nearing the resumption of student loan payments, new borrowers will be facing higher interest rates with their loans.

To help students know the upcoming July 1 interest rates, Mapping Your Future staff recently updated several references to interest rates. The new rates were announced in a May 16 Electronic Announcement.

Updates were completed on the:

Contact the Mapping Your Future staff with questions at or (800) 374-4072.