Interest levels to your federal college loans are prepared because of the Congress, and are determined having fun with a base 10-season Treasury Mention index having a provide-into the count for every single loan program. The Government Stafford Fund is variable-repaired. The rate can change annually, although rate for each and every the newest mortgage is fixed on lifetime of the mortgage. Delight see below having an in depth dining table away from 2021-2022 Government Stafford Loan interest rates.
Very federal college loans has actually financing fees that are subtracted proportionately out of each mortgage disbursement. It indicates the bucks gotten was below the total amount in fact lent. Read more