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) |