Stafford Federal Loans (Originated before July 1, 2006)

Current Interest Rate

New Interest Rate

Difference

      Deferred Payment Status   

      (currently in school)

4.70%

6.54%

1.84%

      Repayment Status (after

      graduation)

5.30%

7.14%

1.84%

PLUS Loans

(Originated before July 1, 2006)

      All Statuses (no grace

      periods)

6.10%

7.94%

1.84%