New Federal Loan Interest Rates
Sep 13, 2013 by Joel Laos | 0 Comments
"Congress has passed and the President has signed the Bipartisan Student Loan Certainty Act of 2013, which ties federal student loan interest rates to financial markets. Under this Act, interest rates will be determined each June for new loans being made for the upcoming award year, which runs from July 1 to the following June 30. Each loan will have a fixed interest rate for the life of the loan."
New Federal Direct Loan interest rates for the 2013-14 year: