Interest Rates for Federal Loans Made Prior to July 1, 2008
Variable Interest Rates For Loans Made July 1, 1998 Through June 30, 2006.
These interest rates are in effect until June 30, 2010.
|
Loan Type
|
In School, Grace,
or Deferment
Interest Rate
|
Repayment
or Forbearance
Interest Rate
|
|
FEDERAL STAFFORD LOAN
|
1.88%
|
2.48%
|
|
FEDERAL PLUS LOANS
|
3.28%
|
3.28%
|
Fixed Interest Rates for Loans Made July 1, 2006 Through June 30, 2008.
|
Loan Type
|
Interest Rate
|
|
FEDERAL STAFFORD LOAN
|
6.80%
|
|
FEDERAL PLUS LOANS
|
8.50%
|