December 23, 2007

What is the Stafford Loan interest rate currently?

Posted in Graduate Students, Stafford Loans at 7:23 AM by Joe From Boston

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.