82858 Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 

64. Ms. Hong V Miller, Chief Human 

Capital Officer, U.S. Army Futures 

Command 

65. Ms. Liz S Miranda, Deputy to the 

Commanding General, CECOM, 

U.S. Army Communications— 

Electronics Command, U.S. Army 

Materiel Command 

66. Dr. Eric Moore, Deputy to the 

Commanding General, U.S. Army 

Combat Capabilities Development 

Command, U.S. Army Futures 

Command 

67. Mr. William Nelson, Executive 

Deputy to the Commanding 

General, U.S. Army Futures 

Command 

68. Mr. Donald Nitti, Deputy to the 

Commander, U.S. Army Aviation 

and Missile Command, U.S. Army 

Materiel Command 

69. Mr. Levator Norsworthy, Jr., Deputy 

General Counsel (Acquisition)/ 

Senior Deputy General Counsel, 

Office of the General Counsel 

70. Ms. Karen Pane, Director of Human 

Resources, U.S. Army Corps of 

Engineers 

71. LTG Erik Peterson, Deputy Chief of 

Staff, G–8, Office of the Deputy 

Chief of Staff, G–8 

72. LTG Walter E. Piatt, Director of the 

Army Staff, Office of the Chief of 

Staff of the Army 

73. Mr. Jamie Pinkham, Principal 

Deputy Assistant Secretary of the 

Army (Civil Works), Office of the 

Assistant Secretary of the Army 

(Civil Works) 

74. GEN Andrew P Poppas, 

Commanding General, U.S. Army 

Forces Command 

75. LTG Laura Potter, Deputy Chief of 

Staff, G–2, Office of the Deputy 

Chief of Staff, G–2 

76. Ms. Diane Randon, Assistant Deputy 

Chief of Staff, G–2, Office of the 

Deputy Chief of Staff, G–2 

77. HON Carrie F Ricci, General 

Counsel, Office of the General 

Counsel 

78. Mr. J. Randall Robinson, Executive 

Deputy to the Commanding 

General, U.S. Army Installations 

Management Command 

79. Ms. Dawn Rosarius, Principal 

Assistant for Acquisition, U.S. 

Army Medical Research and 

Development Command, U.S. Army 

Futures Command 

80. Dr. Robert Sadowski, Senior 

Research Scientist (Robotics), U.S. 

Army Combat Capabilities 

Development Command, U.S. Army 

Futures Command 

81. HON Agnes G Schaefer, Assistant 

Secretary of the Army (Manpower 

and Reserve Affairs), Office of the 

Assistant Secretary of the Army 

(Manpower and Reserve Affairs) 

82. HON Caral E Spangler, Assistant 

Secretary of the Army (Financial 

Management and Comptroller), 

Office of the Assistant Secretary of 

the Army (Financial Management 

and Comptroller) 

83. LTG Scott A Spellmon, Chief of 

Engineers, U.S. Army Corps of 

Engineers 

84. LTG Douglas Stitt, Deputy Chief of 

Staff, G–1, Office of the Deputy 

Chief of Staff, G–1 

85. Mr. Robin Swan, Director, Office of 

Enterprise Management 

86. Mr. Douglas Tamilio, Director, CCDC 

Soldier Center, U.S. Army Combat 

Capabilities Development 

Command, U.S. Army Futures 

Command 

87. LTG Kevin Vereen, Deputy Chief of 

Staff, G–9, Office of the Deputy 

Chief of Staff, G–9 

88. Ms. Terry Watson, Director, 

Technology and Business 

Architecture Integration, Office of 

the Deputy Chief of Staff, G–1 

89. Mr. Roy Wallace, Assistant Deputy 

Chief of Staff, G–1, Office of the 

Deputy Chief of Staff, G–1 

90. Mr. Joseph Welch, Director, CCDC 

C5ISR Center, U.S. Army Combat 

Capabilities Development 

Command, U.S. Army Futures 

Command 

91. Ms. Marion Whicker, Executive 

Deputy to the Commanding 

General, U.S. Army Materiel 

Command 

92. Ms. Kathryn Yurkanin, Principal 

Deputy Chief of Legislative Liaison, 

Office of the Chief, Legislative 

Liaison 

James W. Satterwhite, Jr., 

Army Federal Register Liaison Officer. 

[FR Doc. 2023–26047 Filed 11–24–23; 8:45 am] 

BILLING CODE 3711–02–P 

DEPARTMENT OF EDUCATION 

Annual Notice of Interest Rates for 

Variable-Rate Federal Student Loans 

Made Under the William D. Ford 

Federal Direct Loan Program 

AGENCY: Federal Student Aid, 

Department of Education. 

ACTION: Notice. 

SUMMARY: The Chief Operating Officer 

for Federal Student Aid announces the 

interest rates for Federal Direct Stafford/ 

Ford Loans (Direct Subsidized Loans), 

Federal Direct Unsubsidized Stafford/ 

Ford Loans (Direct Unsubsidized 

Loans), and Federal Direct PLUS Loans 

(Direct PLUS Loan), Assistance Listing 

Number 84.268, with first disbursement 

dates before July 1, 2006, and for 

Federal Direct Consolidation Loans 

(Direct Consolidation Loans) for which 

the application was received before 

February 1, 1999. The rates announced 

in this notice are in effect for the period 

July 1, 2023, through June 30, 2024. 

FOR FURTHER INFORMATION CONTACT: 

Travis Sturlaugson, U.S. Department of 

Education, 830 First Street NE, 

Washington, DC 20202. Telephone: 

202–377–4174 or by email: 

travis.sturlaugson@ed.gov. 

If you are deaf, hard of hearing, or 

have a speech disability and wish to 

access telecommunications relay 

services, please dial 7–1–1. 

SUPPLEMENTARY INFORMATION: Direct 

Subsidized Loans, Direct Unsubsidized 

Loans, Direct PLUS Loans, and Direct 

Consolidation Loans (collectively 

referred to as ‘‘Direct Loans’’) may have 

either fixed or variable interest rates, 

depending on when the loan was first 

disbursed or, in the case of a Direct 

Consolidation Loan, when the 

application for the loan was received. 

Direct Subsidized Loans, Direct 

Unsubsidized Loans, and Direct PLUS 

Loans first disbursed before July 1, 

2006, and Direct Consolidation Loans 

for which the application was received 

before February 1, 1999, have variable 

interest rates. For these loans, a new rate 

is determined annually and is in effect 

during the period from July 1 of one 

year through June 30 of the following 

year. 

Direct Subsidized Loans, Direct 

Unsubsidized Loans, and Direct PLUS 

Loans first disbursed on or after July 1, 

2006, and Direct Consolidation Loans 

for which the application was received 

on or after February 1, 1999, have fixed 

interest rates that apply for the life of 

the loan. 

This notice announces the interest 

rates for variable-rate Direct Loans that 

will apply during the period from July 

1, 2023, through June 30, 2024. Interest 

rate information for fixed-rate Direct 

Loans is announced in a separate notice 

published in the Federal Register. 

Interest rates for variable-rate Direct 

Loans are determined in accordance 

with formulas specified in section 

455(b) of the Higher Education Act of 

1965, as amended (HEA) (20 U.S.C. 

1087e(b)). The formulas vary depending 

on loan type and when the loan was 

first disbursed or, for certain Direct 

Consolidation Loans, when the 

application for the loan was received. 

The HEA specifies a maximum interest 

rate for these loan types. If the interest 

rate formula results in a rate that 

exceeds the statutory maximum rate, the 

rate is the statutory maximum rate. 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 82859 

Variable-Rate Direct Subsidized Loans, 

Direct Unsubsidized Loans, and Direct 

PLUS Loans 

For Direct Subsidized Loans and 

Direct Unsubsidized Loans with first 

disbursement dates before July 1, 2006, 

and for Direct PLUS Loans with first 

disbursement dates on or after July 1, 

1998, and before July 1, 2006, the 

interest rate is equal to the lesser of— 

(1) The bond equivalent rate of 91-day 

Treasury bills auctioned at the final 

auction held before the June 1 

immediately preceding the 12-month 

period to which the interest rate applies, 

plus a statutory add-on percentage; or 

(2) 8.25 percent (for Direct Subsidized 

Loans and Direct Unsubsidized Loans) 

or 9.00 percent (for Direct PLUS Loans). 

For Direct Subsidized Loans and 

Direct Unsubsidized Loans with first 

disbursement dates on or after July 1, 

1995, and before July 1, 2006, the 

statutory add-on percentage varies 

depending on whether the loan is in an 

in-school, grace, or deferment status, or 

in any other status. For all other loans, 

the statutory add-on percentage is the 

same during any status. 

The bond equivalent rate of 91-day 

Treasury bills auctioned on May 30, 

2023, is 5.462 percent, rounded to 5.46 

percent. 

For Direct PLUS Loans with first 

disbursement dates before July 1, 1998, 

the interest rate is equal to the lesser 

of— 

(1) The weekly average 1-year 

constant maturity Treasury yield, as 

published by the Board of Governors of 

the Federal Reserve System, for the last 

calendar week ending on or before the 

June 26 preceding the 12-month period 

to which the interest rate applies, plus 

a statutory add-on percentage; or 

(2) 9.00 percent. 

The weekly average of the one-year 

constant maturity Treasury yield, as 

published by the Board of Governors of 

the Federal Reserve System, for the last 

calendar week ending on or before June 

26, 2023, is 5.26 percent. 

Variable-Rate Direct Consolidation 

Loans 

A Direct Consolidation Loan may 

have up to three components, 

depending on the types of loans that 

were repaid by the consolidation loan 

and when the application for the 

consolidation loan was received. The 

three components are called Direct 

Subsidized Consolidation Loans, Direct 

Unsubsidized Consolidation Loans, and 

(only for Direct Consolidation Loans 

made based on applications received 

before July 1, 2006) Direct PLUS 

Consolidation Loans. In most cases the 

interest rates for variable-rate Direct 

Subsidized Consolidation Loans, Direct 

Unsubsidized Consolidation Loans, and 

Direct PLUS Consolidation Loans are 

determined in accordance with the same 

formulas that apply to Direct Subsidized 

Loans, Direct Unsubsidized Loans, and 

Direct PLUS Loans, respectively. 

Interest Rate Charts 

Charts 1 and 2 show the interest rate 

formulas used to determine the interest 

rates for all variable-rate Direct Loans 

and the rates that are in effect during the 

12-month period from July 1, 2023, 

through June 30, 2024. 

Chart 1 shows the interest rates for 

loans with rates based on the 91-day 

Treasury bill rate. Chart 2 shows the 

interest rates for loans with rates based 

on the weekly average of the one-year 

constant maturity Treasury yield. 

CHART 1—DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, DIRECT SUBSIDIZED CONSOLIDATION LOANS, 

DIRECT UNSUBSIDIZED CONSOLIDATION LOANS, DIRECT PLUS LOANS, AND DIRECT PLUS CONSOLIDATION LOANS

[Interest rates based on 91-day treasury bill] 

Loan type Cohort 91-day T-bill 

rate 05/30/23 

(%) 

Add-on (%) Maximum rate 

(%) 

Interest rate 07/01/23 through 06/30/24 

(%) 

Subsidized, Unsubsidized.First disbursed on/ 

after 07/01/98 

and before 07/ 

01/06.

5.46 1.70 (in-school, 

grace, 

deferment).

2.30 (any other status).8.25 7.16 (in-school, 

grace, 

deferment).

7.76 (any other status). 

Subsidized Consolidation, Unsubsidized Consolidation.

First disbursed on/ 

after 07/01/98 

and before 10/ 

01/98; or Application received 

before 10/01/98 

and first disbursed on/after 

10/01/98. 

PLUS ...................... First disbursed on/ 

after 07/01/98 

and before 07/ 

01/06.

5.46 3.10 9.00 8.56. 

PLUS Consolidation First disbursed on/ 

after 07/01/1998 

and before 10/ 

01/1998; or Application received 

before 10/01/98 

and first disbursed on/after 

10/01/98. 

Subsidized, Unsubsidized, Subsidized Consolidation, Unsubsidized Consolidation.

First disbursed on/ 

after 07/01/95 

and before 07/ 

01/98.

5.46 2.50 (in-school, 

grace, 

deferment).

3.10 (any other status).8.25 7.96 (in-school, 

grace, 

deferment).

8.25 (any other status). 


khammond on DSKJM1Z7X2PROD with NOTICES
82860 Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 

CHART 1—DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, DIRECT SUBSIDIZED CONSOLIDATION LOANS, DIRECT UNSUBSIDIZED CONSOLIDATION LOANS, DIRECT PLUS LOANS, AND DIRECT PLUS CONSOLIDATION LOANS—Continued 

[Interest rates based on 91-day treasury bill] 

Loan type 

Subsidized, Unsubsidized, Subsidized Consolidation, Unsubsidized Consolidation.

First disbursed before 07/01/95.5.46 3.10 8.25 8.25. 

Subsidized Consolidation, Unsubsidized Consolidation, PLUS 

Consolidation.

Application received on/after 

10/01/98 and before 02/01/99.

5.46 2.30 8.25 7.76 

CHART 2—DIRECT PLUS LOANS AND DIRECT PLUS CONSOLIDATION LOANS

[Interest rates based on weekly average of one-year constant maturity treasury yield] 

Loan type Cohort 

Weekly average of 

1-year constant 

maturity treasury 

yield for last 

calendar week 

ending on or 

before 06/26/23 

(%) 

Add-on 

(%) 

Maximum rate 

(%) 

Interest rate 

07/01/23 

through 06/30/ 

24 

(%) 

PLUS, PLUS Consolidation ........ First disbursed before 07/01/98 5.26 3.10 9.00 8.36 

Accessible Format: On request to the 

program contact person listed under FOR

FURTHER INFORMATION CONTACT, 

individuals with disabilities can obtain 

this document in an accessible format. 

The Department will provide the 

requestor with an accessible format that 

may include Rich Text Format (RTF) or 

text format (txt), a thumb drive, an MP3 

file, braille, large print, audiotape, or 

compact disc, or other accessible format. 

Electronic Access to This Document: 

The official version of this document is 

the document published in the Federal 

Register. You may access the official 

edition of the Federal Register and the 

Code of Federal Regulations at 

www.govinfo.gov. At this site you can 

view this document, as well as all other 

documents of this Department 

published in the Federal Register, in 

text or Portable Document Format 

(PDF). To use PDF you must have 

Adobe Acrobat Reader, which is 

available free at the site. 

You may also access documents of the 

Department published in the Federal 

Register by using the article search 

feature at www.federalregister.gov. 

Specifically, through the advanced 

search feature at this site, you can limit 

your search to documents published by 

the Department. 

Program Authority: 20 U.S.C. 1087 et 

seq. 

Richard Cordray, 

Chief Operating Officer Federal Student Aid. 

[FR Doc. 2023–26053 Filed 11–24–23; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF EDUCATION 

Applications for New Awards; 

Education Research and Development 

Center Program 

ACTION: Notice. 

SUMMARY: The Department of Education 

(Department) is issuing a notice inviting 

applications for new awards for fiscal 

year (FY) 2024 for the Education 

Research and Development Center 

Program, Assistance Listing Number 

(ALN) 84.305C. This notice relates to 

the approved information collection 

under OMB control number 4040–0001. 

DATES: The dates when applications are 

available and the deadlines for 

transmittal of applications invited under 

this notice are indicated in the chart at 

the end of this notice and in the Request 

for Applications (RFA) that is posted at 

the following website: https://

ies.ed.gov/funding. 

ADDRESSES: For the addresses for 

obtaining and submitting an 

application, please refer to our Common 

Instructions for Applicants to 

Department of Education Discretionary 

Grant Programs, published in the 

Federal Register on December 7, 2022 

(87 FR 75045) and available at 

www.federalregister.gov/documents/ 

2022/12/07/2022-26554/commoninstructions-for-applicants-todepartment-of-education-discretionarygrant-programs. Please note that these 

Common Instructions supersede the 

version published on December 27, 

2021. 

FOR FURTHER INFORMATION CONTACT: The 

contact person associated with a 

particular research competition is listed 

in the chart at the end of this notice, as 

well as in the relevant RFA and 

application package. 

If you are deaf, hard of hearing, or 

have a speech disability and wish to 

access telecommunications relay 

services, please dial 7–1–1. 

SUPPLEMENTARY INFORMATION: 

Full Text of Announcement 

I. Funding Opportunity Description 

Purpose of Program: In awarding the 

grants, the Institute of Education 

Sciences (IES) intends to provide 

national leadership in expanding 

knowledge and understanding of (1) 

education outcomes for all learners from 

early childhood education through 

postsecondary and adult education, and 


khammond on DSKJM1Z7X2PROD with NOTICES