Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 06-16-2009, 10:32 AM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
What are the Interest Rates and Fees associated with the Stafford Loans?

What are the interest rates associated with the Stafford Loans?
The interest rate on subsidized Stafford loans for undergraduate students that are first disbursed July 1, 2008–June 30, 2009 is 6%.

For all subsidized Stafford loans for graduate and professional students, and for all unsubsidized Stafford loans for all students, the interest rate is fixed at 6.8%.

For Stafford loans first disbursed beginning July 1, 2006, the interest rate is fixed at 6.8%.

What are the fees associated with the Stafford Loans?
For loans first disbursed July 1, 2008–June 30, 2009: Up to 2% in fees that includes a 1% federal origination fee and a 1% federal default fee.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What are the Eligibility Rules for Stafford Loans? TaxGuru Education Planning 0 06-16-2009 10:30 AM
What are Federal Stafford Loans? TaxGuru Education Planning 0 06-11-2009 11:35 PM
How many types of Stafford Loans are available? TaxGuru Education Planning 0 06-11-2009 11:32 PM
Franchise Fees and Closing Business kehlert Depreciation 0 02-04-2009 10:08 AM
IRS dropped Interest Rates again in 3rd quarter 2008 on overdue taxes. TaxGuru For 2008 0 06-25-2008 05:55 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.