Interest rates for Stafford, Parent PLUS and Graduate PLUS Loans are set by the Federal government. All loans disbursed on or after 7-1-08 will have a fixed interest rate of:
Student Loan Interest Rates
Loan Type
Fixed Interest
Rate 7-1-08*
Stafford Subsidized Loans for Undergraduates first disbursed after 7-1-08
Stafford Subsidized Loans for Undergraduates disbursed between 7-1-06 and 6-30-08
Stafford Subsidized Loans for Graduates
6.00%
6.80%
6.80%
Stafford Unsubsidized
6.80%
Graduate PLUS
Loans
8.50%
Parent PLUS Loans
8.50%
*The interest rate is fixed and is established by the Department of Education. These rates and other information set forth above have been obtained from sources deemed reliable, but do not constitute representations of Commerce Bank, nor shall this be considered an offer by Commerce Bank to fund any loan at rates other than those established by the United States Department of Education.
Questions?
When you're ready to start paying off your loan, we're here to help. We'll ask listen solve to help you find the solution that is right for you.
Call our Student Loan Specialists at 1-800-666-3910
*To send an email that contains confidential information, please visit the Secure Message center where there are additional instructions about whether to use Secure Email or Online Banking messaging.