Interest Rates for Stafford and PLUS Loans in the Federal Family Education Loan Programs and for the Paul Douglas Teacher Scholarship Program
| Program | Borrower Status | 7/1/00 to 6/30/01 | 7/1/01 to 6/30/02 | 7/1/02 to 6/30/03 | 7/1/03 to 6/30/04 | 7/1/04 to 6/30/05 | 7/1/05 to 6/30/06 | 7/1/06 to 6/30/07 | 7/1/07 to 6/30/08 | 7/1/08 to 6/30/09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal Student Loan Program | Stafford | Repayment or Forebearance | 8.19 |
5.99 |
4.06 |
3.42 |
3.37 |
5.30 |
7.14 |
7.22 |
4.21 |
| In-school, Grace, or Deferment | 7.59 |
5.39 |
3.46 |
2.82 |
2.77 |
4.70 |
6.54 |
6.62 |
3.61 |
||
| PLUS | All borrowers | 8.99 |
6.79 |
4.86 |
4.22 |
4.17 |
6.10 |
7.94 |
8.02 |
5.01 |
|
| Paul Douglas Teacher Scholarship Program | Noncompliance Scholar | 8.99 |
6.79 |
4.86 |
4.22 |
4.17 |
6.10 |
7.94 |
8.02 |
5.01 |
|
Prepared by: OPE/PPI/Policy & Budget Development Staff: July 16, 2008
| Paul Douglas Teacher Scholarship Program Page | OPE Policy Initiatives Page |