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Federal student loan interest rates are fixed for the life of the loan; however, the rates for new loans will change annually, based on the current market. The interest rates for the 2013–2014 academic year are as follows: 3.86% for undergraduate Stafford Loans (both subsidized and unsubsidized) 5.41% for graduate Stafford Loans [6]
The rate on subsidized Stafford loans -- the. Getty Images By Susannah Snider Whether you're taking out a federal student loan or entering repayment, get up to speed on these five changes to the ...
Students who reach the maximum in subsidized loans may (based on grade level—undergraduate, graduate/professional, etc.) add a loan of less than or equal to the amount they would have been eligible for in subsidized loans. Once aggregate limits are met, the student is ineligible for additional Stafford loans until they pay back a portion of ...
Eligible when consolidated into a Direct Consolidation Loan. Subsidized Federal Stafford Loans (from the FFEL Program) ... with a maximum repayment period before forgiveness increasing for one ...
The Unsubsidized Stafford Loan and Grad PLUS loans are non-need-based loans available for both undergraduate and graduate students who do not qualify for need-based financial aid. [ 16 ] Even though these loans are not subsidized, interest rates are set by Congress, the programs are closely supervised, and they provide many protections that ...
Interest rates on federally subsidized Stafford student loans doubled as of July 1, and since then, Congress has tried to pass a student loan bill that would give students and parents some relief ...
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