Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

For the Period: July 01, 2000 to June 30, 2001

PeriodBegin: 7/1/2000
PeriodEnd: 6/30/2001


June 5, 2000


Subject: Federal Stafford, Federal PLUS, Federal SLS, and Federal Consolidation Interest Rate Calculations for the Period July 1, 2000 – June 30, 2001


The attached charts show the variable interest rates applicable to the Federal Stafford, Federal SLS, Federal PLUS, and Federal Consolidation loan programs for the period July 1, 2000 – June 30, 2001. Interest rates for variable-rate loans under these programs are determined annually, and are based on the bond equivalent rate of either 91-day Treasury Bills or 52-week Treasury Bills auctioned on the final auction held before June 1st of each year. The bond equivalent rate for 91-day Treasury Bills auctioned on May 30, 2000, is 5.893 percent, which rounds to 5.89 percent. The bond equivalent rate for 52-week Treasury Bills auctioned on May 31, 2000, is 6.375 percent, which rounds to 6.38 percent.


{signed}
Frank Ramos
Financial Transactions
Financial Partners

Attachment


Federal Stafford, Federal PLUS, Federal SLS, and Federal Consolidation
Interest Rate Calculations for the Period July 1, 2000 – June 30, 2001
File Size: 21KB;
Number of Pages: 7
Requires 4.0 or greater of the free Adobe Acrobat Reader software.

Last Modified: 06/05/2000