Subsidized & Unsubsidized Loans
Borrow Only What You Need
Repayment Terms
Interest Rate
Monthly Payment
Repayment Period
Grace Period
Keep Copies of Loan Documents


Interest Rate
Most student loans have a variable interest rate that could go as high as 8.25%.   The interest rate is based on the 90-day T-Bill, and adjusted every July 1. If you have an unsubsidized loan, the interest rate will affect the amount accruing or the amount of your interest payments if you are paying accumulated interest.

 

 

 

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