Interest Rates

Loan Type * Stafford-IGD † Stafford-R PLUS
Variable Borrower Rate
for loans disbursed on or before July 1, 2006
91 Day T-bill + 1.70%
6.80% variable
91 Day T-bill + 2.30%
6.80% variable
91 Day T-bill + 3.10%
7.90% variable
Fixed Borrower Rate
for loans disbursed after July 1, 2006
6.80% fixed 6.80% fixed 8.50% fixed
All Borrowers 8.25% cap 8.25% cap 9.0% cap
Notes:
* Stafford-IGD: In School, Grace and Deferment
† Stafford-R: Stafford Repayment