Interest Rates
Fixed Rates for Loans First Disbursed on or After July 1, 2006
| LOAN TYPE |
GRADE LEVEL |
First Disbursed Between July 1, 2011 and June 30, 2012 |
First Disbursed Between July 1, 2012 and June 30, 2013 |
| Direct Stafford Subsidized Loans |
Undergraduate |
3.4% |
3.4% |
| Graduate |
6.8% |
6.8% |
| |
|
|
|
| Direct Stafford Unsubsidized Loans |
Undergraduate |
6.8% |
6.8% |
| Graduate |
6.8% |
6.8% |
| |
|
|
|
| Direct PLUS Loans |
Parent |
7.9% |
7.9% |
| Graduate Student |
7.9% |
7.9% |
*Variable interest rates are effective July 1, 2012 through June 30, 2013
*For LEAFsm Loan rates, please refer to the Manage My Account section of the website
Variable Rates for Loans Disbursed Between July 1, 1998 and June 30, 2006
| LOAN TYPE |
LOAN STATUS |
For the Period July 1, 2012 to June 30, 2013 |
| Federal/ Direct Stafford Subsidized & Unsubsidized Loans |
Repayment or Forbearance |
2.39% |
| In-school, Grace, or Deferment |
1.79% |
| |
|
|
| Federal/Direct PLUS Loans- Parent and Grad Students |
All Statuses |
3.19% |
Private Loan Programs
| PROGRAM STATUS |
STATUS |
RATE |
| Teachers for NH |
Quarterly - Effective April 1, 2013 |
3.58% |
| |
|
|
| TREE |
Quarterly - Effective April 1, 2013 |
3.58% |
| |
|
|
| TREE |
Adjusted annually- Based on applications signed before 10/1/2002. Effective July 1, 2012 through June 30, 2013 |
3.56% |
* All calculations are based on an interest rate of 6.8%. For more details about your specific loans, please contact your servicer.
Origination and default fees are proportionately deducted from each disbursement.
Granite State Management & Resources reserve the right to modify or cancel its programs at any time.
