interest rate question

Discussion in 'Financial Aid' started by motogirl, Apr 26, 2002.

  1. motogirl

    motogirl Junior Member
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    Does anyone know what the interest rate is for the Unsub. Stafford for the 2002-2003 school year? Has it even been set yet? Thanks for your help.
     
  2. gem777

    gem777 Senior Member
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    The interest rate for stafford loans has not yet been determined. Interest rates are recalculated on July 1 each year. There was an article on Usatoday.com ,yesterday, reporting that interest rates may drop to around 4%. It doesn't get much better than that! If your interested here's the link:

    <a href="http://www.usatoday.com/usatonline/20020425/4058508s.htm" target="_blank">www.usatoday.com/usatonline/20020425/4058508s.htm</a>
     
  3. OP
    OP
    motogirl

    motogirl Junior Member
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    4% sounds really good. Thanks for the link gem777.
     

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