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What is the graduate Stafford loan interest rate?
Stafford Loan Benefits:
- Fixed interest rate - 6.8% or lower
- No payments while in school at least half-time
For the 2009-2010 School Year, the interest rate on a new Graduate Stafford loan is fixed at 6.8%.
For unsubsidized graduate Stafford loans, interest is charged on the loan from the date the first disbursement is made until the loan is paid in full. Interest and principal payments can be deferred while a graduate student is in school, but interest will capitalize upon entering repayment.
For subsidized graduate Stafford loans, interest is paid by the government while the graduate student is in school or in deferment (including a post-graduation grace period).
Apply Now for the Stafford Loan
Other Graduate Stafford loan questions
- What is the Graduate Stafford Loan interest rate?
- What can I use a Graduate Stafford Loan for?
- What are the deadlines for Graduate Stafford Loans?
- Why was my graduate Stafford loan less than I expected?
- Are there penalties for early payment, or if the loan is paid in full before scheduled payments begin?
- Do I have to apply for a graduate Stafford loan every year or does it renew?
- When will I receive my graduate Stafford loan?
- Can I use Graduate Stafford loans for online degrees?
- Can I get a Stafford Loan if I have bad credit?
