Annual Notice of Variable Interest Rates of Federal Student Loans Made Under the Federal Family Education Loan Program Prior to July 1, 2010, 39111-39113 [2017-17424]

Download as PDF Federal Register / Vol. 82, No. 158 / Thursday, August 17, 2017 / Notices with the provisions of Part 756 of the Regulations. Fifth, a copy of this Order shall be delivered to Jose Luis Benavides-Cira, and shall be published in the Federal Register. Sixth, this Order is effective immediately and shall remain in effect until November 30, 2020. Issued: August 10, 2017. Karen H. Nies-Vogel, Director, Office of Exporter Services. [FR Doc. 2017–17374 Filed 8–16–17; 8:45 am] BILLING CODE P DEPARTMENT OF COMMERCE administrative review of this antidumping duty order.2 On March 24, 2017, Topray Solar timely withdrew its request for an administrative review.3 On April 10, 2017, the Department published in the Federal Register a notice of initiation 4 of an administrative review with respect to 27 companies. Because Topray Solar timely withdrew its request for an administrative review before the Department published its initiation notice, the Department did not initiate an administrative review with respect to Topray Solar. On May 11, 2017, the petitioner timely withdrew its request for an administrative review of all 27 companies for which it had requested a review.5 International Trade Administration Rescission of Administrative Review [A–570–010] Pursuant to 19 CFR 351.213(d)(1), the Department will rescind an administrative review, in whole or in part, if the parties that requested a review withdraw the request within 90 days of the date of publication of the notice of initiation of the requested review. Topray Solar and the petitioner withdrew their requests for review by the 90-day deadline, and no other parties requested an administrative review of this order. Therefore, we are rescinding the administrative review of the antidumping duty order on certain crystalline silicon photovoltaic products from the PRC covering the period February 1, 2016 to January 31, 2017. Certain Crystalline Silicon Photovoltaic Products From the People’s Republic of China: Rescission of Antidumping Duty Administrative Review Enforcement and Compliance, International Trade Administration, Department of Commerce. SUMMARY: The Department of Commerce (the Department) is rescinding its administrative review of the antidumping duty order on certain crystalline silicon photovoltaic products from the People’s Republic of China (PRC) covering the period February 1, 2016, through January 31, 2017. DATES: Applicable August 17, 2017. FOR FURTHER INFORMATION CONTACT: Aleksandras Nakutis, AD/CVD Operations, Office IV, Enforcement & Compliance, International Trade Administration, Department of Commerce, 1401 Constitution Avenue NW., Washington, DC 20230; telephone: (202) 482–3147. SUPPLEMENTARY INFORMATION: AGENCY: sradovich on DSK3GMQ082PROD with NOTICES Background On February 8, 2017, the Department published in the Federal Register a notice of opportunity to request an administrative review of the antidumping duty order on certain crystalline silicon photovoltaic products from the PRC.1 The Department received a timely request from Shenzhen Topray Solar Co., Ltd. (Topray Solar) and SolarWorld Americas, Inc. (the petitioner), in accordance with section 751(a) of the Tariff Act of 1930, as amended (the Act), and 19 CFR 351.213(b), to conduct an 1 See Antidumping or Countervailing Duty Order, Finding, or Suspend Investigation; Opportunity To Request Administrative Review, 82 FR 9709 (February 8, 2017). VerDate Sep<11>2014 19:44 Aug 16, 2017 Jkt 241001 Assessment The Department will instruct U.S. Customs and Border Protection (CBP) to assess antidumping duties on all appropriate entries. Antidumping duties shall be assessed at an amount equal to the cash deposit of estimated antidumping duties required at the time of entry, or withdrawal from warehouse, for consumption, in accordance with 19 CFR 351.212(c)(1)(i). The Department intends to issue appropriate assessment instructions directly to CBP 15 days 2 See Letter from Topray Solar, regarding ‘‘Crystalline Silicon Photovoltaic Products from the People’s Republic of China Request for Administrative Review,’’ dated February 27, 2017; see also Letter from the petitioner, regarding ‘‘Certain Crystalline Silicon Photovoltaic Products from the People’s Republic of China: Request for Administrative Review,’’ dated February 28, 2017. 3 See Letter from Topray Solar, regarding ‘‘Crystalline Silicon Photovoltaic Products form the People’s Republic of China Withdrawal of Request for Administrative Review,’’ dated March 24, 2017. 4 See Initiation of Antidumping and Countervailing Duty Administrative Reviews, 82 FR 17188 (April 10, 2017). 5 See Letter from the petitioner, regarding ‘‘Certain Crystalline Silicon Photovoltaic Products from the People’s Republic of China: Withdrawal of Administrative Review Request,’’ dated May 11, 2017. PO 00000 Frm 00009 Fmt 4703 Sfmt 4703 39111 after the date of publication of this notice in the Federal Register. Notification to Importers This notice serves as the only reminder to importers of their responsibility, under 19 CFR 351.402(f)(2), to file a certificate regarding the reimbursement of antidumping duties prior to liquidation of the relevant entries during this review period. Failure to comply with this requirement may result in the presumption that reimbursement of antidumping duties occurred and the subsequent assessment of double antidumping duties. Notification Regarding Administrative Protective Orders This notice serves as the only reminder to parties subject to administrative protective order (APO) of their responsibility concerning the disposition of proprietary information disclosed under APO in accordance with 19 CFR 351.305(a)(3). Timely written notification of the return or destruction of APO materials or conversion to judicial protective order is hereby requested. Failure to comply with the regulations and the terms of an APO is a sanctionable violation. This notice is published in accordance with section 777(i)(1) of the Act, and 19 CFR 351.213(d)(4). Dated: August 9, 2017. James Maeder, Senior Director performing the duties of Deputy Assistant Secretary for Antidumping and Countervailing Duty Operations. [FR Doc. 2017–17361 Filed 8–16–17; 8:45 a.m.] BILLING CODE 3510–DS–P DEPARTMENT OF EDUCATION Annual Notice of Variable Interest Rates of Federal Student Loans Made Under the Federal Family Education Loan Program Prior to July 1, 2010 Federal Student Aid, Department of Education (ED). ACTION: Notice. AGENCY: The Chief Operating Officer for Federal Student Aid announces the variable interest rates for the period July 1, 2017, through June 30, 2018, for certain loans made under the Federal Family Education Loan (FFEL) Program. The Chief Operating Officer takes this action to give notice of FFEL Program loan variable interest rates to the public. DATES: This notice is applicable August 17, 2017. FOR FURTHER INFORMATION CONTACT: Rene Tiongquico, U.S. Department of SUMMARY: E:\FR\FM\17AUN1.SGM 17AUN1 39112 Federal Register / Vol. 82, No. 158 / Thursday, August 17, 2017 / Notices Education, 830 First Street NE., 11th floor, Washington, DC 20202. Telephone: (202) 377–4270 or by email: Rene.Tiongquico@ed.gov. If you use a telecommunications device for the deaf (TDD) or a text telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1–800–877– 8339. Individuals with disabilities can obtain this document in an accessible format (e.g., braille, large print, audiotape, or compact disc) on request to the contact person listed under FOR FURTHER INFORMATION CONTACT. SUPPLEMENTARY INFORMATION: Catalog of Federal Domestic Assistance (CFDA) Number: 84.032. Section 427A of the Higher Education Act of 1965, as amended (HEA) (20 U.S.C. 1077a), provides formulas for determining the interest rates charged to borrowers on loans made under the FFEL Program, including Federal Subsidized and Unsubsidized Stafford Loans, Federal PLUS Loans, and Federal Consolidation Loans. The FFEL Program includes loans with variable interest rates and loans with fixed interest rates. Most loans made under the FFEL Program before July 1, 2006, have variable interest rates that change each year. In most cases, the variable interest rate formula that applies to a particular loan depends on the date of the first disbursement of the loan. The variable rates are determined annually and are effective for each 12month period beginning July 1 of one year and ending June 30 of the following year. Under section 427A(l) of the HEA, FFEL Program loans first disbursed on or after July 1, 2006, and before July 1, 2010, have a fixed interest rate. Interest rates for these loans may be found in a Federal Register notice published on September 15, 2015 (80 FR 55342). Federal Consolidation Loans made prior to November 13, 1997, and on or after October 1, 1998, have a fixed interest rate that is based on the weighted average of the loans that are consolidated. Interest rates for Federal Consolidation Loans made between November 13, 1997, and September 30, 1998, are provided in Chart 3. FFEL variable interest rates are based on formulas that use the bond equivalent rate of the 91-day Treasury bill auctioned at the final auction held before June 1 of each year plus a statutorily established add-on. These formulas apply to: All Federal Subsidized and Unsubsidized Stafford Loans first disbursed before October 1, 1992, that have been converted to variable rate loans; all Federal Subsidized and Unsubsidized Stafford Loans first disbursed on or after October 1, 1992, and before July 1, 2006; Federal PLUS Loans first disbursed on or after July 1, 1998, and before July 1, 2006; and Federal Consolidation Loans for which the Federal Consolidation Loan application was received on or after November 13, 1997, and before October 1, 1998. In each case, the calculated rate is capped by a maximum interest rate. The bond equivalent rate of the 91-day Treasury bills auctioned on May 30, 2017, which is used to calculate the interest rates on these loans, is 0.976 percent rounded up to 0.98 percent. For Federal PLUS loans first disbursed before July 1, 1998, the interest rate is based on the weekly average of the one-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System for the last day of the calendar week ending on or before June 26 of each year, plus a statutory add-on percentage. The calculated rate is capped by a maximum interest rate. The weekly average of the one-year constant maturity Treasury yield published on June 26, 2017, which is used to calculate the interest rate on these loans, is 1.22 percent. For Federal Consolidation loans for which the application was received by the lender on or after November 13, 1997, the interest rate that includes portions of Federal Consolidation Loans attributable to loans made by the U.S. Department of Health and Human Services under subpart I of part A of title VII of the Public Health Service Act, is based on the average of the bond equivalent rates of the 91-day Treasury bills auctioned for the quarter ending June 30, 2017, plus a statutory add-on percentage. There is no maximum interest rate for these loans. The average of the bond equivalent rates of the 91day Treasury bill auctioned for the quarter ending on June 30, 2017, which is used to calculate the interest rate on these loans, is 0.92 percent. This notice includes three charts containing specific information on the calculation of variable interest rates for loans made under the FFEL Program: Chart 1 contains information on the interest rates for Federal Subsidized and Unsubsidized Stafford Loans that were made as fixed-rate loans, but were subsequently converted to variable-rate loans. Chart 2 contains information on the interest rates for variable-rate Federal Subsidized and Unsubsidized Stafford Loans. Chart 3 contains information on the interest rates for variable-rate Federal PLUS Loans, certain Federal Consolidation Loans, and Consolidation Loans that include loans made by the U.S. Department of Health and Human Services under subpart I of part A of title VII of the Public Health Service Act. CHART 1—‘‘CONVERTED’’ VARIABLE-RATE FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS INTEREST RATES IN EFFECT FOR THE PERIOD 7/1/2017 THROUGH 6/30/2018 Cohort sradovich on DSK3GMQ082PROD with NOTICES First disbursed on or after First disbursed before 7/1/1988 .............................. 7/23/1992 ............................ 7/23/1992 ............................ 7/23/1992 ............................ 7/23/1992 ............................ 7/23/1992 ............................ 7/23/1992 10/1/1992 7/1/1994 7/1/1994 7/1/1994 7/1/1994 Note: The FFEL Program loans represented by the second row of the chart were only made to ‘‘new borrowers’’ on or after July 23, 1992. Whether the FFEL Program loans represented by the third through sixth rows VerDate Sep<11>2014 19:44 Aug 16, 2017 Jkt 241001 Original fixed interest rate (%) 8.00, 8.00, 7.00 8.00 9.00 8.00, Max. rate (%) increasing to 10.00 ... increasing to 10.00 ... .................................... .................................... .................................... increasing to 10.00 ... 10.00 10.00 7.00 8.00 9.00 10.00 of Chart 1 were made to a specific borrower depends on the interest rate on the borrower’s existing loans (see the ‘‘Original Fixed Interest Rate’’ column in Chart 1) at the PO 00000 Frm 00010 Fmt 4703 Sfmt 4703 91-Day T-bill rate (%) 0.98 0.98 0.98 0.98 0.98 0.98 Margin (%) 3.25 3.25 3.10 3.10 3.10 3.10 Total rate (%) 4.23 4.23 4.08 4.08 4.08 4.08 time the borrower received the loan(s) on or after July 23, 1992, and prior to July 1, 1994. In Charts 2 and 3, a dagger following a date in a cohort field indicates that the E:\FR\FM\17AUN1.SGM 17AUN1 39113 Federal Register / Vol. 82, No. 158 / Thursday, August 17, 2017 / Notices trigger for the rate to apply is a period of enrollment for which the loan was intended either ‘‘ending before’’ or ‘‘beginning on or after’’ the date in the cohort field. CHART 2—VARIABLE-RATE FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS INTEREST RATES IN EFFECT FOR THE PERIOD 7/1/2017 THROUGH 6/30/2018 Cohort First disbursed on or after Margin 10/1/1992 ..................... 7/1/1994 ....................... 7/1/1994 ....................... 7/1/1995 ....................... 7/1/1998 ....................... 91-Day T-bill rate Max. rate First disbursed before 7/1/1994 7/1/1994† 7/1/1995 7/1/1998 7/1/2006 9.00 9.00 8.25 8.25 8.25 Note: The FFEL Program loans represented in the first row in Chart 2 were only made to ‘‘new borrowers’’ on or after October 1, 1992. The FFEL Program loans represented in In-school, grace, deferment (%) 0.98 0.98 0.98 0.98 0.98 Total rate (%) All other periods (%) 3.10 3.10 3.10 2.50 1.70 the second row in Chart 2 were only made to ‘‘new borrowers’’ on or after July 1, 1994. The FFEL Program loans represented in the third row in Chart 2 must—in addition to In-school, grace, deferment (%) 3.10 3.10 3.10 3.10 2.30 All other periods (%) 4.08 4.08 4.08 3.48 2.68 4.08 4.08 4.08 4.08 3.28 having been first disbursed on or after July 1, 1994, and before July 1, 1995—have been made for a period of enrollment that began on or included July 1, 1994. CHART 3—VARIABLE-RATE FEDERAL PLUS, SLS, AND CONSOLIDATION LOANS INTEREST RATES IN EFFECT FOR THE PERIOD 7/1/2017 THROUGH 6/30/2018 Cohort Index rate Max. rate (%) Loan type First disbursed on or after First disbursed before PLUS and SLS ............. SLS .............................. PLUS ............................ PLUS ............................ PLUS ............................ Loan type ..................... — 10/1/1992 10/1/1992 7/1/1994 7/1/1998 Application received on or after 10/1/1992 7/1/1994† 7/1/1994 7/1/1998 7/1/2006 Application received before 12.00 11.00 10.00 9.00 9.00 Max. rate — — — — 0.98 91-Day T-bill rate Consolidation ............... HHS Portion of Consolidation ........................ 11/13/1997 10/1/1998 8.25 11/13/1997 — — The last row in Chart 3 refers to portions of Federal Consolidation Loans attributable to loans made by the U.S. Department of Health and Human Services under subpart I of part A of title VII of the Public Health Service Act. sradovich on DSK3GMQ082PROD with NOTICES Note: No new loans have been made under the FFEL Program since June 30, 2010. Electronic Access to This Document: The official version of this document is the document published in the Federal Register. Free internet access to the official edition of the Federal Register and the Code of Federal Regulations is available via the Federal Digital System at: www.gpo.gov/fdsys. At this site, you can view this document, as well as all VerDate Sep<11>2014 19:44 Aug 16, 2017 Jkt 241001 91-Day T-bill rate Margin (%) Total rate (%) 3.25 3.10 3.10 3.10 3.10 Margin 4.47 4.32 4.32 4.32 4.08 Total rate 0.98 1.22 1.22 1.22 1.22 — Average of the Bond equivalent rates of the 91-Day T-bill for the quarter prior to July 1 — 3.10 4.08 — 0.92 3.00 3.92 other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF). To use PDF you must have Adobe Acrobat Reader, which is available free at the site. You may also access documents of the Department published in the Federal Register by using the article search feature at: www.federalregister.gov. Specifically, through the advanced search feature at this site, you can limit your search to documents published by the Department. Program Authority: 20 U.S.C. 1071 et seq. PO 00000 1-Year constant Treasury maturity (%) Dated: August 14, 2017. A. Wayne Johnson, Chief Operating Officer, Federal Student Aid. [FR Doc. 2017–17424 Filed 8–16–17; 8:45 am] BILLING CODE 4000–01–P DEPARTMENT OF EDUCATION Annual Notice of Interest Rates for Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program Prior to July 1, 2013 Federal Student Aid, Department of Education (ED). AGENCY: ACTION: Frm 00011 Fmt 4703 Sfmt 4703 E:\FR\FM\17AUN1.SGM Notice. 17AUN1

Agencies

[Federal Register Volume 82, Number 158 (Thursday, August 17, 2017)]
[Notices]
[Pages 39111-39113]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-17424]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF EDUCATION


Annual Notice of Variable Interest Rates of Federal Student Loans 
Made Under the Federal Family Education Loan Program Prior to July 1, 
2010

AGENCY: Federal Student Aid, Department of Education (ED).

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Chief Operating Officer for Federal Student Aid announces 
the variable interest rates for the period July 1, 2017, through June 
30, 2018, for certain loans made under the Federal Family Education 
Loan (FFEL) Program. The Chief Operating Officer takes this action to 
give notice of FFEL Program loan variable interest rates to the public.

DATES: This notice is applicable August 17, 2017.

FOR FURTHER INFORMATION CONTACT: Rene Tiongquico, U.S. Department of

[[Page 39112]]

Education, 830 First Street NE., 11th floor, Washington, DC 20202. 
Telephone: (202) 377-4270 or by email: Rene.Tiongquico@ed.gov.
    If you use a telecommunications device for the deaf (TDD) or a text 
telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1-
800-877-8339.
    Individuals with disabilities can obtain this document in an 
accessible format (e.g., braille, large print, audiotape, or compact 
disc) on request to the contact person listed under FOR FURTHER 
INFORMATION CONTACT.

SUPPLEMENTARY INFORMATION: Catalog of Federal Domestic Assistance 
(CFDA) Number: 84.032.
    Section 427A of the Higher Education Act of 1965, as amended (HEA) 
(20 U.S.C. 1077a), provides formulas for determining the interest rates 
charged to borrowers on loans made under the FFEL Program, including 
Federal Subsidized and Unsubsidized Stafford Loans, Federal PLUS Loans, 
and Federal Consolidation Loans.
    The FFEL Program includes loans with variable interest rates and 
loans with fixed interest rates. Most loans made under the FFEL Program 
before July 1, 2006, have variable interest rates that change each 
year. In most cases, the variable interest rate formula that applies to 
a particular loan depends on the date of the first disbursement of the 
loan. The variable rates are determined annually and are effective for 
each 12-month period beginning July 1 of one year and ending June 30 of 
the following year.
    Under section 427A(l) of the HEA, FFEL Program loans first 
disbursed on or after July 1, 2006, and before July 1, 2010, have a 
fixed interest rate. Interest rates for these loans may be found in a 
Federal Register notice published on September 15, 2015 (80 FR 55342).
    Federal Consolidation Loans made prior to November 13, 1997, and on 
or after October 1, 1998, have a fixed interest rate that is based on 
the weighted average of the loans that are consolidated. Interest rates 
for Federal Consolidation Loans made between November 13, 1997, and 
September 30, 1998, are provided in Chart 3.
    FFEL variable interest rates are based on formulas that use the 
bond equivalent rate of the 91-day Treasury bill auctioned at the final 
auction held before June 1 of each year plus a statutorily established 
add-on. These formulas apply to: All Federal Subsidized and 
Unsubsidized Stafford Loans first disbursed before October 1, 1992, 
that have been converted to variable rate loans; all Federal Subsidized 
and Unsubsidized Stafford Loans first disbursed on or after October 1, 
1992, and before July 1, 2006; Federal PLUS Loans first disbursed on or 
after July 1, 1998, and before July 1, 2006; and Federal Consolidation 
Loans for which the Federal Consolidation Loan application was received 
on or after November 13, 1997, and before October 1, 1998. In each 
case, the calculated rate is capped by a maximum interest rate. The 
bond equivalent rate of the 91-day Treasury bills auctioned on May 30, 
2017, which is used to calculate the interest rates on these loans, is 
0.976 percent rounded up to 0.98 percent.
    For Federal PLUS loans first disbursed before July 1, 1998, the 
interest rate is based on the weekly average of the one-year constant 
maturity Treasury yield, as published by the Board of Governors of the 
Federal Reserve System for the last day of the calendar week ending on 
or before June 26 of each year, plus a statutory add-on percentage. The 
calculated rate is capped by a maximum interest rate. The weekly 
average of the one-year constant maturity Treasury yield published on 
June 26, 2017, which is used to calculate the interest rate on these 
loans, is 1.22 percent.
    For Federal Consolidation loans for which the application was 
received by the lender on or after November 13, 1997, the interest rate 
that includes portions of Federal Consolidation Loans attributable to 
loans made by the U.S. Department of Health and Human Services under 
subpart I of part A of title VII of the Public Health Service Act, is 
based on the average of the bond equivalent rates of the 91-day 
Treasury bills auctioned for the quarter ending June 30, 2017, plus a 
statutory add-on percentage. There is no maximum interest rate for 
these loans. The average of the bond equivalent rates of the 91-day 
Treasury bill auctioned for the quarter ending on June 30, 2017, which 
is used to calculate the interest rate on these loans, is 0.92 percent.
    This notice includes three charts containing specific information 
on the calculation of variable interest rates for loans made under the 
FFEL Program:
    Chart 1 contains information on the interest rates for Federal 
Subsidized and Unsubsidized Stafford Loans that were made as fixed-rate 
loans, but were subsequently converted to variable-rate loans.
    Chart 2 contains information on the interest rates for variable-
rate Federal Subsidized and Unsubsidized Stafford Loans.
    Chart 3 contains information on the interest rates for variable-
rate Federal PLUS Loans, certain Federal Consolidation Loans, and 
Consolidation Loans that include loans made by the U.S. Department of 
Health and Human Services under subpart I of part A of title VII of the 
Public Health Service Act.

 Chart 1--``Converted'' Variable-Rate Federal Subsidized and Unsubsidized Stafford Loans Interest Rates in Effect for the Period 7/1/2017 Through 6/30/
                                                                          2018
--------------------------------------------------------------------------------------------------------------------------------------------------------
                          Cohort
-----------------------------------------------------------
                                                 First      Original fixed interest rate   Max. rate (%)   91-Day T-bill    Margin (%)    Total rate (%)
        First disbursed on or after            disbursed                 (%)                                 rate (%)
                                                before
--------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/1988..................................       7/23/1992  8.00, increasing to 10.00...           10.00            0.98            3.25            4.23
7/23/1992.................................       10/1/1992  8.00, increasing to 10.00...           10.00            0.98            3.25            4.23
7/23/1992.................................        7/1/1994  7.00........................            7.00            0.98            3.10            4.08
7/23/1992.................................        7/1/1994  8.00........................            8.00            0.98            3.10            4.08
7/23/1992.................................        7/1/1994  9.00........................            9.00            0.98            3.10            4.08
7/23/1992.................................        7/1/1994  8.00, increasing to 10.00...           10.00            0.98            3.10            4.08
--------------------------------------------------------------------------------------------------------------------------------------------------------


    Note: The FFEL Program loans represented by the second row of 
the chart were only made to ``new borrowers'' on or after July 23, 
1992. Whether the FFEL Program loans represented by the third 
through sixth rows of Chart 1 were made to a specific borrower 
depends on the interest rate on the borrower's existing loans (see 
the ``Original Fixed Interest Rate'' column in Chart 1) at the time 
the borrower received the loan(s) on or after July 23, 1992, and 
prior to July 1, 1994.

    In Charts 2 and 3, a dagger following a date in a cohort field 
indicates that the

[[Page 39113]]

trigger for the rate to apply is a period of enrollment for which the 
loan was intended either ``ending before'' or ``beginning on or after'' 
the date in the cohort field.

      Chart 2--Variable-Rate Federal Subsidized and Unsubsidized Stafford Loans Interest Rates in Effect for the Period 7/1/2017 Through 6/30/2018
--------------------------------------------------------------------------------------------------------------------------------------------------------
                         Cohort                                                                       Margin                      Total rate (%)
---------------------------------------------------------                                ---------------------------------------------------------------
                                               First         Max. rate     91-Day T-bill    In-school,                      In-school,
       First disbursed on or after           disbursed                         rate           grace,         All other        grace,         All other
                                              before                                       deferment (%)    periods (%)    deferment (%)    periods (%)
--------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/1992...............................        7/1/1994            9.00            0.98            3.10            3.10            4.08            4.08
7/1/1994................................            7/1/            9.00            0.98            3.10            3.10            4.08            4.08
                                            1994[dagger]
7/1/1994................................        7/1/1995            8.25            0.98            3.10            3.10            4.08            4.08
7/1/1995................................        7/1/1998            8.25            0.98            2.50            3.10            3.48            4.08
7/1/1998................................        7/1/2006            8.25            0.98            1.70            2.30            2.68            3.28
--------------------------------------------------------------------------------------------------------------------------------------------------------


    Note: The FFEL Program loans represented in the first row in 
Chart 2 were only made to ``new borrowers'' on or after October 1, 
1992. The FFEL Program loans represented in the second row in Chart 
2 were only made to ``new borrowers'' on or after July 1, 1994. The 
FFEL Program loans represented in the third row in Chart 2 must--in 
addition to having been first disbursed on or after July 1, 1994, 
and before July 1, 1995--have been made for a period of enrollment 
that began on or included July 1, 1994.


          Chart 3--Variable-Rate Federal PLUS, SLS, and Consolidation Loans Interest Rates in Effect for the Period 7/1/2017 Through 6/30/2018
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                      Cohort                                                        Index rate
                                         --------------------------------                ---------------------------------------------------------------
                                                                                                              1-Year
                Loan type                      First           First       Max. rate (%)   91-Day T-bill     constant
                                           disbursed on      disbursed                         rate          Treasury       Margin (%)    Total rate (%)
                                             or after         before                                       maturity (%)
--------------------------------------------------------------------------------------------------------------------------------------------------------
PLUS and SLS............................              --       10/1/1992           12.00              --            1.22            3.25            4.47
SLS.....................................       10/1/1992            7/1/           11.00              --            1.22            3.10            4.32
                                                            1994[dagger]
PLUS....................................       10/1/1992        7/1/1994           10.00              --            1.22            3.10            4.32
PLUS....................................        7/1/1994        7/1/1998            9.00              --            1.22            3.10            4.32
PLUS....................................        7/1/1998        7/1/2006            9.00            0.98              --            3.10            4.08
Loan type...............................    Application     Application      Max. rate     91-Day T-bill  Average of the      Margin        Total rate
                                          received on or     received                          rate            Bond
                                               after          before                                        equivalent
                                                                                                           rates of the
                                                                                                           91-Day T-bill
                                                                                                              for the
                                                                                                           quarter prior
                                                                                                             to July 1
Consolidation...........................      11/13/1997       10/1/1998            8.25            0.98              --            3.10            4.08
HHS Portion of Consolidation............      11/13/1997              --              --              --            0.92            3.00            3.92
--------------------------------------------------------------------------------------------------------------------------------------------------------

    The last row in Chart 3 refers to portions of Federal Consolidation 
Loans attributable to loans made by the U.S. Department of Health and 
Human Services under subpart I of part A of title VII of the Public 
Health Service Act.

    Note: No new loans have been made under the FFEL Program since 
June 30, 2010.

    Electronic Access to This Document: The official version of this 
document is the document published in the Federal Register. Free 
internet access to the official edition of the Federal Register and the 
Code of Federal Regulations is available via the Federal Digital System 
at: www.gpo.gov/fdsys. At this site, you can view this document, as 
well as all other documents of this Department published in the Federal 
Register, in text or Adobe Portable Document Format (PDF). To use PDF 
you must have Adobe Acrobat Reader, which is available free at the 
site. You may also access documents of the Department published in the 
Federal Register by using the article search feature at: 
www.federalregister.gov. Specifically, through the advanced search 
feature at this site, you can limit your search to documents published 
by the Department.
    Program Authority: 20 U.S.C. 1071 et seq.

    Dated: August 14, 2017.
A. Wayne Johnson,
Chief Operating Officer, Federal Student Aid.
[FR Doc. 2017-17424 Filed 8-16-17; 8:45 am]
BILLING CODE 4000-01-P
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