Q: What is the Stafford Loan interest rate?
A: For the 2006-2007 school year, the rates are:

In school/in grace: 6.543%
In repayment: 7.143%
New Stafford Loans (disbursed after July 1, 2006) will be fixed at 6.8%

For the 2005-2006 school year, the rates are:

In school/in grace: 4.70%
In repayment: 5.30%

Q: What can I use a Stafford Loan for?
A: Stafford Loans […]