What will the fixed student loan interest rates go to after July 1st?

Answer 1

Interest rates for any new Federal Stafford loans made after July 1st will will be 6.8% for all borrowers (in-school or otherwise).

If you already have a *variable* rate Federal Stafford loan, your rate on that loan will remain variable and will be expected to increase to 6.54% (for borrowers in school, grace, or deferment) or 7.14% (for borrowers in repayment).

Interest rates for any new Federal PLUS loans made after July 1st will will be 8.5% for all borrowers (in-school or otherwise).

If you already have a *variable* rate Federal PLUS loan, your rate on that loan will remain variable and is expected to increase to 7.94% for all borrowers.

Perkins rates and terms will effectively stay the same (5% fixed rate).

Answer 2

try to call up or search bank directory for more info u might get wat ur looking or searching for...... :D