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Summary of FFELP Interest Rates

Effective July 1, 2009, the interest rate on the Subsidized Stafford Loan will drop to 6.0% for loan disbursed 7/1/2008 - 6/30/2009.  This chart will be updated so that you will be able to keep track of your interest rate.

Variable interest rate loan will be posted soon.  Please check back....

Loan Type

Dates Disbursed*

Interest Rate

Stafford Loan

 07/01/2006 - Current

 

Subsidized

Undergraduate (eff. 7/1/2008)

6.00%

 

Subsidized  

Graduate

6.80%

 

Unsubsidized

Undergraduate & Graduate

6.80%

 

 

 

Stafford Loan

07/01/1998 - 06/30/2006

7.14% (Maximum)

 

 

 

PLUS Loan

07/01/2006 - Current

8.50%

PLUS Loan

07/01/1998 - 06/30/2006

7.94% (Maximum)


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