


Federal Loans
|
Program |
Status |
Rate |
|
Stafford Subsidized for Undergraduate Students |
For Stafford subsidized loans disbursed on or after July 1, 2009 and before July 1, 2010 - a fixed interest rate, regardless of loan status |
5.60% |
|
Stafford Unsubsidized |
For Stafford Unsubsidized loans disbursed on or after July 1, 2008 - a fixed interest rate, regardless of loan status or grade level |
6.80% |
|
Stafford for Graduate Students |
For Stafford loans disbursed on or after July 1, 2008 - a fixed interest rate, regardless of loan status |
6.80% |
|
Stafford |
For Stafford loans disbursed on or after July 1, 2007 and before July 1, 2008 - a fixed interest rate, regardless of loan status or grade level |
6.80% |
|
Stafford |
Borrower in repayment |
2.48% |
|
Stafford |
Borrower in-school, in grace period or deferment |
1.88% |
|
PLUS |
For PLUS loans disbursed on or after 7/1/06 - a fixed interest rate |
8.50% |
|
PLUS |
* Variable rate loan first disbursed on or after 7/1/98 and before 7/1/06 |
3.28% |
* Variable interest rates effective July 1, 2009 through June 30, 2010
Private Loans
|
Program |
Status |
Rate |
|
Teachers |
Quarterly - Effective through March 31, 2009 |
3.55% |
|
TREESM |
Quarterly - Effective through March 31, 2009 |
3.55% |
|
TREESM |
TREESM Loans based on applications signed by the borrower before 10/1/2002 with interest rates that are adjusted annually. Effective July 1, 2009 through June 30, 2010 |
3.68% |
Estimated Repayment Information
Stafford*
|
Loan Amount |
Terms |
Monthly Payments |
|
$5,500 |
10 years |
$68 |
|
$8,500 |
10 years |
$98 |
|
$10,500 |
10 years |
$121 |
|
$18,500 |
10 years |
$213 |
|
$23,500 |
10 years |
$270 |
* Based on 6.8% Interest rate
PLUS**
|
Loan Amount |
Terms |
Monthly Payments |
|
$5,500 |
10 years |
$68 |
|
$8,500 |
10 years |
$105 |
|
$10,500 |
10 years |
$130 |
|
$18,500 |
10 years |
$229 |
|
$23,500 |
10 years |
$291 |
**Based on 8.5% Interest rate
Origination and default fees are proportionately deducted from each disbursement.
The NHHEAF Network Organizations reserve the right to modify or cancel its programs at any time.