Fixed Rates for Loans First Disbursed on or After July 1, 2009
Interest is paid on your behalf by the government while you are enrolled at least half-time and during grace or deferment periods.
Undergraduate |
Graduate |
5.6% |
6.8% |
Interest accrues upon disbursement and can be paid while you are in school, or deferred until you begin repayment. Interest is capitalized and added to the principal amount outstanding, if you choose the deferred option.
Undergraduate |
Graduate |
6.8% |
6.8% |
Interest begins to accrue upon disbursement. Repayment begins 60 days after the loan is fully disbursed.
Undergraduate |
Graduate |
8.5% |
8.5% |
|
