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Sequester Results in Higher Loan Fees


For borrowers whose first disbursement is after December 1, 2013, the origination fees for Federal loans have been changed as listed in the chart below.


Chart


Type of Loan First Disbursement before December 1, 2013 First Disbursement after December 1, 2013
Subsidized/Unsubsidized Loans 1.051% origination fee 1.072% origination fee
Graduate Plus/Parent Plus Loans 4.204% origination fee 4.288% origination fee


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