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Current Federal Student Loan Interest Rates
You will find information regarding variable and fixed interest rates for
Stafford and PLUS loans effective for the period July 1, 2010 through June 30,
2011.
Interest rates for fixed rate undergraduate subsidized FFELP and FDLP Stafford loans, July 1,
2010
Loan status
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Disbursed 7/1/06 - 6/30/08
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Disbursed 7/1/08 - 6/30/09
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Disbursed 7/1/09 - 6/30/10
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Disbursed 7/1/10 - 6/30/11
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Disbursed 7/1/11 - 6/30/12
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Disbursed on or after 7/1/12
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Any Status
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6.80%
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6.00%
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5.60%
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4.50%
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3.40%
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6.80%
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Interest rate for fixed rate undergraduate unsubsidized and graduate FFELP and FDLP Stafford
loans, July 1, 2010
Loan Status
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Disbursed on or after 7/1/06
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Any Status
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6.80%
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Interest rates for variable rate FFELP and FDLP Stafford loans, July 1, 2010 – June 30, 2011
Loan status
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Disbursed 7/1/98 - 6/30/06
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Disbursed 7/1/95 - 6/30/98
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Disbursed 7/1/94 - 6/30/95
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Disbursed 10/1/92 - 6/30/94
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Deferment/in-school/during 6-month grace
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1.87%
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2.67%
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3.27%
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3.27%
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Repayment
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2.47%
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3.27%
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3.27%
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3.27%
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Interest rate for fixed rate FFELP PLUS loans, July 1, 2010
Loan Status
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Disbursed on or after 7/1/06
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Any Status
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8.50%
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Interest rates for variable rate FFELP PLUS /SLS loans, July 1, 2010 – June 30, 2011
Loan Status
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*Disbursed on or after 7/1/98 - 6/30/06
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**Disbursed 7/1/94 – 6/30/98
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**Disbursed 10/1/92 – 6/30/94
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**Disbursed 7/1/87 – 9/30/92
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Any status
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3.27%
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3.39%
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3.39%
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3.54%
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Interest rate for fixed rate FDLP PLUS loans, July 1, 2010
Loan Status
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Disbursed on or after 7/1/06
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Any Status
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7.90%
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Interest rates for variable rate FDLP PLUS /SLS loans, July 1, 2010 – June 30, 2011
Loan Status
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*Disbursed on or after 7/1/98 - 6/30/06
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**Disbursed before 7/1/98
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Any status
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3.27%
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3.39%
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* Variable Interest rates for Stafford loans
disbursed on or after October 1, 1992, and PLUS loans disbursed on or after
July 1, 1998, are based on the bond equivalent rate of the 91-day Treasury
bills auctioned at the final auction preceding June 1st. The bond
equivalent rate for 91-day Treasury bills auctioned on May 24, 2010, is 0.17%.
** Interest rates for PLUS/SLS loans disbursed
between July 1, 1987 and June 30, 1998 are based on the weekly average of the one-year
constant maturity Treasury (CMT) yield for the last calendar week ending on or
before June 26, 2010. The weekly average of the one-year constant maturity
Treasury yield for the last calendar week ending on or before June 26, 2010 is
0.29%.
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