12.23.07
What is the Stafford Loan interest rate currently?
And following up to yesterday’s post, here’s the 411 on the Stafford Loan.
The interest rate for the 2007-2008 academic year for all new student loans (disbursed after July 1, 2006) will be fixed at 6.8%.
Congress will meet in May 2008 and decide whether or not to change the rate for the 2008-2009 school year. THey often change it, but recently the changes have been minimal.
