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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
*Variable rate loan disbursed on or after 7/1/98 and before 7/1/06

2.48%

Stafford

Borrower in-school, in grace period or deferment
* Variable rate loan disbursed on or after 7/1/98 and before 7/1/06

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
for NHSM

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.