Interest Rates for Federal Loans
Made Prior to July 1, 2009
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 LOANS | 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 LOANS | 6.80% |
| FEDERAL PLUS LOANS | 8.50% |
Fixed Interest Rates For Loans Made July 1, 2008 Through June 30, 2009.
| Loan Type | Fixed Interest Rate |
|---|---|
| SUBSIDIZED FEDERAL STAFFORD LOANS | |
| Undergraduates | 6.00% |
| Graduates | 6.80% |
| UNSUBSIDIZED FEDERAL STAFFORD LOANS | |
| Undergraduates and Graduates | 6.80% |
| FEDERAL PLUS LOANS | 8.50% |
| FEDERAL GRAD PLUS LOANS | 8.50% |
For interest rates on loans made on or after July 1, 2009, click here.
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