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Shoptalk 110, October 2000
 

Money Matters

Special Allowance Rates
Eligible Loans
Applicable Interest
Rate %
Annual
Special
Allowance
Rate
Special
Allowance
for Quarter
Ending 9/30/00
Loans made prior to 10/1/81
7
.0275
.006875
 
9
.0075
.001875
Tax exempt loans made on or after 10/1/80, but prior to 10/1/81
7
.025
.00625
9
.005
.00125
Loans made on or after 10/1/81, but prior to 11/16/86
7
.0269
.006725
8
.0169
.004225
9
.0069
.001725
Tax exempt loans made on or after 10/1/81
6
.035
.00875
7 (Var.)
.025
.00625
7.59 (Var.)
.0191
.004775
8 (Var.)
.015
.00375
8.19 (Var.)
.0131
.003275
8.25 (Var.)
.0125
.003125
8.99 (Var.)
.0051
.001275
9.14 (Var.)
.0036
.0009

Subsidized Stafford loans made on or after 10/17/86, but prior to 10/1/92, and unsubsidized Stafford loans made prior to 10/1/92, for periods of enrollment beginning on or after 10/1/92, and Consolidation loans made on or after 11/16/86, but prior to 10/1/92

7
.0244
.0061
8
.0144
.0036
8.99 (Var.)
.0045
.001125
9
.0044
.0011
9.14 (Var.)
.003
.00075

Subsidized and unsubsidized Stafford and Consolidation loans made on or after 10/1/92

6
.0329
.008225
7
.0229
.005725
8
.0129
.003225
8.25 (Var.)
.0104
.0026
8.99 (Var.)
.003
.00075

Subsidized Stafford loans and unsubsidized Stafford loans made on or after 7/1/95, but prior to 7/1/98, only during the in-school, grace, and deferment periods.

8.25 (Var.)
.0044
.0011

Subsidized Stafford loans and unsubsidized Stafford loans made on or after 7/1/98, but prior to 1/1/00, only during the in-school, grace, and deferment periods.

7.59 (Var.)
.008
.002

Subsidized Stafford loans and unsubsidized Stafford loans made on or after 7/1/98, but prior to 1/1/00, except during the in-school, grace, and deferment periods.

8.19 (Var.)
.008
.002

Subsidized Stafford loans and unsubsidized Stafford loans made on or after 1/1/00, but prior to 7/1/03, only during the in-school, grace, and deferment periods.

7.59 (Var.)
.0087
.002175

Subsidized Stafford loans and unsubsidized Stafford loans made on or after 1/1/00, but prior to 7/1/03, except during the in-school, grace, and deferment periods.

8.19 (Var.)
.0087
.002175

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