Rates » Student Loan Rates » Student Loan Rate History
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7/1/2008 - 6/30/2009 |
7/1/2009 - 6/30/2010 |
| Rate |
Rate Cap |
Rate |
Rate Cap |
| Disbursed on/after July 1, 2008 |
| Subsidized |
Unsubsidized |
| Undergraduate |
Graduate |
6.80% |
| 6.00% |
6.80% |
|
6.00%/6.80% |
| Subsidized |
Unsubsidized |
| Undergraduate |
Graduate |
6.80% |
| 5.60% |
6.80% |
|
5.60%/6.80% |
| Disbursed on/after July 1, 2006 but before July 1, 2008 (fixed intereste rate) |
6.80% |
6.80% |
6.80% |
6.80% |
| Disbursed on/after July 1, 1998 but before July 1, 2006 |
In-School, Grace, & Deferment
3.61%
Repayment
4.21% |
8.25% |
In-School, Grace, & Deferment
1.88%
Repayment
2.48% |
8.25% |
| Disbursed on/after July 1, 1995 but before July 1, 1998 |
In-School, Grace, & Deferment
4.41%
Repayment
5.01% |
8.25% |
In-School, Grace, & Deferment
2.68%
Repayment
3.28% |
8.25% |
| Disbursed on/after July 1, 1994 but before July 1, 1995, for period of enrollment that begins on/after July 1, 1994 |
5.01% |
8.25% |
3.28% |
8.25% |
| Disbursed on/after October 1, 1992 but before July 1, 1994 |
5.01% |
9.00% |
3.28% |
9.00% |
| Former fixed rate 9% loans converted to variable rate |
5.01% |
9.00% |
3.28% |
9.00% |
| Former fixed rate 8% loans converted to variable rate |
5.01% |
8.00% |
3.28% |
8.00% |
| Former fixed rate 7% loans converted to variable rate |
5.01% |
7.00% |
3.28% |
7.00% |
| Former 8/10% loans not converted to repayment or in repayment for less than four years |
8.00% |
8.00% |
8.00% |
8.00% |
| Former fixed rate 8/10% loans converted to variable rate |
5.16% |
10.00% |
3.43% |
10.00% |
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7/1/2008 - 6/30/2009 |
7/1/2009 - 6/30/2010 |
| Rate |
Rate Cap |
Rate |
Rate Cap |
| Disbursed on/after July 1, 2006 |
8.50% |
8.50% |
8.50% |
8.50% |
| Disbursed on/after July 1, 1998 but before July 1, 2006 |
5.01% |
9.00% |
3.28% |
9.00% |
| Disbursed on/after July 1, 1994 but before July 1, 1998 |
8.05% |
9.00% |
* |
9.00% |
| Disbursed on/after October 1, 1992, but before July 1, 1994 |
8.05% |
10.00% |
* |
10.00% |
| Disbursed before October 1, 1992 |
8.20% |
12.00% |
* |
12.00% |
*Rates are based on the average one-year constant maturity Treasury yield and will be available after June 26. This chart will be updated after that date to reflect these rates.
SLS Loans |
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7/1/2008 - 6/30/2009 |
7/1/2009 - 6/30/2010 |
| Rate |
Rate Cap |
Rate |
Rate Cap |
| Disbursed on/after October 1, 1992 for loan periods beginning before July 1, 19941 |
8.05% |
11.00% |
* |
11.00% |
| Disbursed before October 1, 1992 |
8.20% |
12.00% |
* |
12.00% |
1No new Federal SLS loans certified for periods of enrollment on/after July 1, 1994.
*Rates are based on the average one-year constant maturity Treasury yield and will be available after June 26. This chart will be updated after that date to reflect these rates.
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7/1/2008 - 6/30/2009 |
7/1/2009 - 6/30/2010 |
| Rate |
Rate Cap |
Rate |
Rate Cap |
| For applications received on/after November 13, 1997 but before October 1, 19981 |
5.01% |
8.25% |
* |
8.25% |
| For applications received on/after October 1, 1998 |
Weighted average of the interest rates on the loans consolidated, rounded up to the nearest 1/8th of one percent |
8.25% |
Weighted average of the interest rates on the loans consolidated, rounded up to the nearest 1/8th of one percent |
8.25% |
1Applications received before November 13, 1997 have a fixed interest rate based on the weighted average of the loan interest rates on the loans consolidated, rounded to the next higher whole percentage.
*Rates are based on the average one-year constant maturity Treasury yield and will be available after June 26. This chart will be updated after that date to reflect these rates.
