Federal Private Interest Rates

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Posted on October 22, 2018 at 20:26 PM

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Interest rates on federal student loans increase for 2018-2019
The interest rates on federal education loans are fixed, which means they remain the same over the life of the loan - but each year’s new loans have a new interest rate. The new interest rate is based on the high yield of the last 10-year Treasury Note auction in May.
6 Best Private Student Loan Options in 2018
Federal student loans also have flat interest rates set by Congress, while the interest rate on a private student loan depends on your or your co-signer’s credit.
Interest Rates and Fees | Federal Student Aid
Remember that interest rates and fees are generally lower for federal student loans than private student loans. Interest Rates and Fees If you receive a federal student loan , you will be required to repay that loan with interest .

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