Interest Rates: An annual variable rate adjusted each July 1, based on the 91-day Treasury Bill +1.7% while in-school, grace, and deferment periods, and +2.3% while in repayment not to exceed 8.25%.
In-School Deferments are possible for both Stafford Subsidized and Unsubsidized loans. Deferments must be completed each semester. For further information and deferment forms, the student should contact his/her lender.
What do I need to Do to be Eligible for Federal Educational Loan Programs?