Federal Register / Vol. 86, No. 152 / Wednesday, August 11, 2021 / Notices 44005 

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. 

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Register. You may access the official 

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published in the Federal Register, in 

text or Portable Document Format 

(PDF). To use PDF you must have 

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Register by using the article search 

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

seq. 

Richard Cordray, 

Chief Operating Officer, Federal Student Aid. 

[FR Doc. 2021–17056 Filed 8–10–21; 8:45 am] 

BILLING CODE 4000–01–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, 2021, through June 30, 2022. 

FOR FURTHER INFORMATION CONTACT: 

Travis Sturlaugson, U.S. Department of 

Education, 830 First Street NE, 11th 

floor, Washington, DC 20202. 

Telephone: (202) 377–4174 or by email: 

travis.sturlaugson@ed.gov. 

If you use a telecommunications 

device for the deaf (TDD) or a text 

telephone (TTY), call the Federal Relay 

Service (FRS), toll free, at 1–800–877– 

8339. 

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, 2021, through June 30, 2022. 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. 

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 24, 

2021, is 0.015 percent, rounded to 0.02 

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, 2021, is 0.09 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 


jbell on DSKJLSW7X2PROD with NOTICES
44006 Federal Register / Vol. 86, No. 152 / Wednesday, August 11, 2021 / Notices 

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, 2021, 

through June 30, 2022. 

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 05/24/21 

(%) 

Add-on (%) Maximum rate 

(%) 

Interest rate 07/01/21 through 06/ 

30/22 (%) 

Subsidized, Unsubsidized.First disbursed 

on/after 07/ 

01/98 and before 07/01/06.

0.02 1.70 (in-school, 

grace, 

deferment).

2.30 (any other 

status).

8.25 1.72 (in-school, 

grace, 

deferment).

2.32 (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.

0.02 3.10 9.00 3.12 

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.

0.02 2.50 (in-school, 

grace, 

deferment).

3.10 (any other 

status).

8.25 2.52 (in-school, 

grace, 

deferment).

3.12 (any other 

status) 

Subsidized, Unsubsidized, 

Subsidized 

Consolidation, 

Unsubsidized 

Consolidation.

First disbursed 

before 07/01/ 

95.

0.02 3.10 8.25 3.12 

Subsidized Consolidation, Unsubsidized 

Consolidation, 

PLUS Consolidation.

Application received on/ 

after 10/01/98 

and before 

02/01/99.

0.02 2.30 8.25 2.32 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 152 / Wednesday, August 11, 2021 / Notices 44007 

1https://www.whitehouse.gov/briefing-room/ 

statements-releases/2021/03/31/fact-sheet-theamerican-jobs-plan/ 

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 06/26/21 

(%) 

Add-on 

(%) 

Maximum rate 

(%) 

Interest rate 

07/01/21 

through 

06/30/22 

(%) 

PLUS, PLUS Consolidation ...... First disbursed before 07/01/98 0.09 3.10 9.00 3.19 

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. 2021–17053 Filed 8–10–21; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF ENERGY 

Request for Information Regarding 

Establishment of the Department of 

Energy Uranium Reserve Program 

AGENCY: National Nuclear Security 

Administration, Department of Energy. 

ACTION: Request for information (RFI). 

SUMMARY: The U.S. Department of 

Energy (DOE or the Department) is 

issuing this RFI to invite public 

comment on topics related to 

establishment of the DOE’s Uranium 

Reserve program. 

DATES: Written comments and 

information are requested on or before 

September 10, 2021. 

ADDRESSES: Interested persons may 

submit comments by any of the 

following methods: 

Email: rfi-uranium@hq.doe.gov. 

Submit electronic comments in 

Microsoft Word or PDF file format and 

avoid the use of special characters or 

any form of encryption. Please include 

‘‘Response to Uranium Reserve RFI’’ in 

the subject line. 

Postal Mail: Response to Uranium 

Reserve RFI, c/o Mr. Kyle Fowler, U.S. 

Department of Energy, National Nuclear 

Security Administration, Mailstop NA– 

10, 1000 Independence Avenue SW, 

Washington, DC 20585–0121. 

Online: Responses will be accepted 

online at https://www.regulations.gov. 

Instructions: All submissions received 

must include the agency name for this 

request for information. No facsimiles 

(faxes) will be accepted. 

Note: The Government has posted a 

parallel RFI to SAM.gov in order invite 

industry comment on topics related to 

establishment of the DOE’s Uranium 

Reserve program. To avoid duplicate 

submissions, interested parties are 

encouraged to only respond to one of 

the notices. 

FOR FURTHER INFORMATION CONTACT: 

Requests for further information should 

be sent to: rfi-uranium@hq.doe.gov or 

Mr. Kyle Fowler, (202) 586–1963. If 

responding by email, please include 

‘‘Question on Uranium Reserve RFI’’ in 

the subject line. 

SUPPLEMENTARY INFORMATION: 

Background 

In the United States (U.S.), nuclear 

energy provides more than 55 percent of 

our clean energy and supports about 

half a million American jobs. However, 

the U.S. nuclear industry and the 

nuclear fuel supply chain face 

significant challenges that have left 

domestic nuclear fuel suppliers in a 

weakened position on the domestic and 

global stage. Revitalizing the U.S. 

nuclear fuel supply infrastructure 

would support the Administration’s 

goals described in the American Jobs 

Plan,1 including addressing the climate 

crisis, creating American jobs, 

positioning the U.S. to compete with 

economic rivals, and supporting 

national security. It would support 

environmental justice initiatives, 

prioritize addressing long-standing and 

persistent racial injustice by targeting 40 

percent of the benefits of climate and 

clean infrastructure investments to 

disadvantaged communities, consider 

rural communities and communities 

impacted by the market-based transition 

to clean energy, and include meaningful 

stakeholder engagement. 

In December 2020, Congress passed 

the Consolidated Appropriations Act, 

2021 (Pub. L. 116–260) that makes 

$75,000,000 available to the Department 

for the Uranium Reserve Program. The 

Department is considering options to 

acquire natural uranium and convert 

this uranium into uranium hexafluoride 

that would be stored at commercial 

facilities in the United States. 

In considering options, the 

Department will focus on reinvigorating 

domestic nuclear fuel supply chain 

capabilities, utilizing existing facilities, 

and minimizing negative disruption of 

market mechanisms. The Department 

expects the acquisition of natural 

uranium to result in new uranium 

production at existing domestic sites. 

The Department does not intend such 

new production to initiate or expand 

mining on Tribal lands, expand the 

Office of Legacy Management’s (LM) 

Uranium Leasing Program, or expand 

access to additional uranium deposits 

located on other Federal lands. 

Additionally, the Department does not 

intend to acquire uranium or uranium 

hexafluoride produced from enricher 

underfeeding, the re-enrichment of tails, 

or other sources that do not support the 

reinvigoration of uranium production 

and conversion capabilities. Likewise, 

the Department expects to use existing 

domestic commercial conversion 


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