Interest Rates

A Small Price to Pay for Your Child's Future

Interest rates for your loan will vary. Typically, PLUS loans will have a lower interest rate than parental loans coming from the private sector. Here's a quick look at parent loan interest rates (as of July 1st, 2006):

PLUS, Graduate Borrower PLUS	8.5 percent (fixed rate)
Private	Depends on Your Credit (Prime Rate plus 2-7 percent)