MPOWER Student Loans have fixed interest rates, meaning the rate will not change as market interest rates change. Our current interest rates range between 12.99% (13.98% APR) and 13.99% (15.01% APR). These will be the maximum rates and will never increase. However, if you qualify for all the discounts offered by MPOWER, your rate will range between 12.74% (13.72% APR) and 13.74% (14.75% APR). You can learn more about interest rates here.