What is the rate at which my law school loans are accruing interest?
• Subsidized Stafford and Federal Direct Subsidized (Stafford) Loans borrowed after July 1, 2006 do not accrue interest until the loans go into repayment. Then interest accrues at the fixed rate of 6.8%. • Unsubsidized Stafford and Federal Direct Unsubsidized (Stafford) Loans borrowed after July 1, 2006 accrue interest at the fixed rate of 6.8% from the date of disbursement. • Grad PLUS Loans borrowed prior to July 1, 2010 accrue interest from the date of disbursement at the rate of 8.5%. • Federal Direct Grad PLUS Loans borrowed after July 1, 2010 accrue interest from the date of disbursement at the rate of 7.9%. • Fordham Revolving Loans accrue interest beginning at the end of the six-month grace period at the fixed rate of 8%. • Private Loan interest rates are variable and change every three months.
