Federal Stafford Loan interest rates

Interest rates for Stafford Loans vary depending on the loan type, when you first borrowed the loan, and your degree status (undergraduate or graduate).

Period loans first disbursed	Subsidized		Unsubsidized (all)
Period loans first disbursed	Undergraduate	Graduate	Unsubsidized (all)
July 1, 2009 – June 30, 2010	Fixed rate of 5.6 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 2008 – June 30, 2009 (current)	Fixed rate of 6 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 2006 – June 30, 2008	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent	Fixed rate of 6.8 percent
July 1, 1998 – June 30, 2006	Variable rate with cap of 8.25 percent. Rate adjusted each year on July 1 As of July 1, 2008, rate is 3.61 percent during in-school, grace, and deferment periods and 7.22 percent during repayment	Variable rate with cap of 8.25 percent. Rate adjusted each year on July 1 As of July 1, 2008, rate is 3.61 percent during in-school, grace, and deferment periods and 7.22 percent during repayment	Variable rate with cap of 8.25 percent. Rate adjusted each year on July 1 As of July 1, 2008, rate is 4.21 percent during in-school, grace, and deferment periods and 7.22 percent during repayment
Prior to July 1, 1998	Contact your loan holder to determine rate	Contact your loan holder to determine rate	Contact your loan holder to determine rate

Military service members may be eligible for reduced interest rates.