The interest rates listed in the tables below are effective July 1, 2007 for new Federal Stafford and Federal PLUS Loans.

FFEL Program Loans

Stafford Loans (Subsidized and Unsubsidized)

During	Maximum Rate	Current Rate
Fixed Interest Rate (loans disbursed after 7/1/2006)
All periods		6.80 %
Variable Interest Rate* (loans disbursed before 6/30/2006)
In-school, grace, and deferment periods	8.25 %	6.62 %
All other periods	8.25 %	7.22 %

PLUS Loans

During	Maximum Rate	Current Rate
Fixed Interest Rate (loans disbursed after 7/1/2006)
All periods		8.50 %
Variable Interest Rate* (loans disbursed before 6/30/2006)
All periods	9.00 %	8.02 %

* These loans, first disbursed between 7/1/98 – 6/30/2006 have an annual variable interest rate based on the 91-day T-Bill plus a factor (between 1.7% - 3.1%, depending on loan type).

Consolidation Loans (unILoan)

During	Maximum Rate	Effective Rate
All periods	8.25 %	Weighted average or maximum rate, whichever is lower, rounded to the nearest one-eighth of one percent.