When do student loan rates change?
Federal Stafford and Parent PLUS Loan interest rates changed annually on July 1st of every year. HEAL Loans change every quarter (3 months). Interest rates on both Federal Stafford and Parent PLUS Loans are set by the 91 Treasury bill (t-bill). As of July 1st, 2006 Federal Stafford and Parent (PLUS) Loans disbursed after July 1st, 2006 are at fixed interest rate.