You are using an outdated and unsupported browser. Please upgrade your browser to improve your experience.
Skip to Header Navigation Skip to Main Navigation Skip to Main Content Skip to Footer

Interest Rate Charts

The following interest rates apply to FFELP (Federal Family Education Loan Program) loans only. Since July 1, 2010, federal student loans are no longer being disbursed through FFELP.

Stafford Loans 2013-14 Rates 2014-15 Rates
Disbursed on/after 10/1/92 and before 7/1/94 3.15% 3.13%
Disbursed on/after 7/1/94 3.15% 3.13%
Disbursed on/after 7/1/94 and before 7/1/95 3.15% 3.13%
Disbursed on/after 7/1/95 and before 7/1/98
In-school, grace, and deferment periods
All other periods

2.55%
3.15%

2.53%
3.13%
Disbursed on/after 7/1/98 and before 7/1/06
In-school, grace, and deferment periods
All other periods

1.75%
2.35%

1.73%
2.33%
Disbursed between 7/1/06 and 6/30/2008 6.8% 6.8%
Disbursed between 7/1/08 and 6/30/09
Subsidized undergraduate Stafford Loans
Subsidized graduate Stafford Loans
Unsubsidized Stafford Loans

6.0%
6.8%
6.8%

6.0%
6.8%
6.8%
Disbursed between 7/1/09 and 6/30/10
Subsidized undergraduate Stafford Loans
Subsidized graduate Stafford Loans
Unsubsidized Stafford Loans

5.6%
6.8%
6.8%

5.6%
6.8%
6.8%

Back to Top

Supplemental Loans to Students 2013-14 Rates 2014-15 Rates
Disbursed before 10/1/92 3.38% 3.35%
Disbursed on/after 10/1/92 3.23% 3.20%

Back to Top

PLUS Loans 2013-14 Rates 2014-15 Rates
Disbursed before 10/1/92 3.38% 3.35%
Disbursed on/after 10/1/92 and before 7/1/94 3.23% 3.20%
Disbursed on/after 7/1/94 and before 7/1/98 3.23% 3.20%
Disbursed on/after 7/1/98 and before 7/1/06 3.15% 3.13%
Disbursed between 7/1/06 and 6/30/10 8.5% 8.5%

Back to Top

Consolidation Loans
Although there is no deadline to consolidate your loans, interest rates change on July 1 and can go as high as 8.25%. The interest rate on a consolidation loan is based on the weighted average of the current rates on your existing loans, rounded up to the nearest 1/8 of 1%.

Back to Top

Fixed to Variable Rate Stafford Loans 2013-14 Rates 2014-15 Rates
8/10% Stafford Loans disbursed before 10/1/92* 3.30% 3.28%
7% Stafford Loans 3.15% 3.13%
8% Stafford Loans 3.15% 3.13%
9% Stafford Loans 3.15% 3.13%
8/10% Stafford Loans disbursed on/after 7/23/92 and before 7/1/94 3.15% 3.13%

*These Stafford Loans converted from a variable interest rate to a fixed interest rate after 48 months of repayment elapsed.

Back to Top