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Brazos Higher Education Service Corporation
Graduating Class

 


Federal Loan Interest Rates and Loan Limits

 

STAFFORD

PLUS

Fixed Rate after
7.01.06

6.8%

8.5

Loans On or After
7.01.98

IN-SCHOOL
91-day t-bill
+ 1.7%

REPAYMENT
91-day t-bill
+2.3%

 
91-day t-bill
+3.1%

6.62%

7.22%

8.02%

 

Annual Loan Limits - Effective for the 2007-08 Award Year

 

Base Amount
Subsidized/Unsubsidized

Additional Unsubsidized

1st year undergraduate

$3,500

$4,000

2nd year undergraduate

$4,500

$4,000

3rd year and beyond undergraduate

$5,500

$5,000

Teacher certification

$5,500

$7,000

Preparatory Graduate/Professional

$5,500

$7,000

Graduate/Professional

$8,500

$12,000

 

Aggregate Loan Limits Effective for the 2007-08 Award Year

Dependency Status

Maximum Subsidized & Unsubsidized

Dependent Undergraduate

$23,000

Independent Undergraduate

$46,000

Graduate/Professional

$138,500*

*No more than $65,500 may be from the subsidized Stafford loan program.

Financial Aid Options - Summary