Annual Notice of Interest Rates of Federal Student Loans Made Under the Federal Family Education Loan Program, 5433-5435 [2013-01423]
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5433
Federal Register / Vol. 78, No. 17 / Friday, January 25, 2013 / Notices
CHART 5—FIXED-RATE DIRECT SUBSIDIZED, DIRECT UNSUBSIDIZED, AND DIRECT PLUS LOANS—Continued
First disbursed
on or after
Loan type
Student grade level
Consolidation ...........
2/1/1999
7/1/2013
All ..............................................................
Note: Under the Budget Control Act of
2011 (Pub. L. 112–25) and effective for loan
periods beginning on or after July 1, 2012,
graduate and professional students are no
longer eligible for Direct Subsidized Loans.
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. 1087 et
seq.
Dated: January 18, 2013.
James W. Runcie,
Chief Operating Officer, Federal Student Aid.
[FR Doc. 2013–01421 Filed 1–24–13; 8:45 am]
BILLING CODE 4000–01–P
DEPARTMENT OF EDUCATION
Annual Notice of Interest Rates of
Federal Student Loans Made Under the
Federal Family Education Loan
Program
Federal Student Aid,
Department of Education.
ACTION: Notice.
AGENCY:
Catalog of Federal Domestic Assistance
(CFDA) Number: 84.032.
In accordance with section
427A of the Higher Education Act of
1965, as amended, the Chief Operating
Officer for Federal Student Aid
announces the interest rates for the
period July 1, 2012, through June 30,
2013, for certain loans made under the
Federal Family Education Loan (FFEL)
Program. The Chief Operating Officer
SUMMARY:
mstockstill on DSK4VPTVN1PROD with
First disbursed
before
VerDate Mar<15>2010
18:39 Jan 24, 2013
Jkt 229001
takes this action to give notice of FFEL
Program loan interest rates to the public.
DATES: This notice is effective January
25, 2013.
FOR FURTHER INFORMATION CONTACT: Ian
Foss, U.S. Department of Education, 830
First Street NE., room 114I1,
Washington, DC 20202. Telephone:
(202) 377–3681 or by email:
ian.foss@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: Section
427A of the Higher Education Act of
1965, as amended (HEA) (20 U.S.C.
Section 1077a), provides formulas for
determining the interest rates charged to
borrowers on loans made under the
Federal Family Education Loan (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 usually
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(k) of the HEA,
FFEL Program loans first disbursed on
or after July 1, 2006, have a fixed
interest rate.
In the case of some Federal
Consolidation Loans, the interest rate is
determined by the date on which the
Federal Consolidation Loan application
was received. Federal Consolidation
Loans for which the application was
received on or after October 1, 1998,
have a fixed interest rate. This fixed rate
PO 00000
Frm 00027
Fmt 4703
Sfmt 4703
Rate
Weighted average of rates on the loans
included in the consolidation, rounded
to 1⁄8 of 1 percent, up to 8.25 percent.
is based on the weighted average of the
loans that are consolidated, rounded up
to the nearest higher 1⁄8 of one percent
up to a maximum rate of 8.25 percent.
FFEL variable interest rates are based
on formulas that use the bond
equivalent rate of the 91-day Treasury
bills 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 29,
2012, which is used to calculate the
interest rates on these loans, is 0.086
percent, which is rounded to 0.09
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 on 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 22, 2012, which is used to
calculate the interest rate on these loans,
is 0.19 percent.
This notice includes five charts
containing specific information on the
calculation of 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.
E:\FR\FM\25JAN1.SGM
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Federal Register / Vol. 78, No. 17 / Friday, January 25, 2013 / Notices
Chart 2 contains information on the
interest rates for variable-rate Federal
Subsidized and Unsubsidized Stafford
Loans.
Chart 5 contains information on the
interest rates for fixed-rate Federal
Subsidized and Unsubsidized Stafford
and PLUS Loans.
Chart 3 contains information on the
interest rates for variable-rate Federal
PLUS Loans.
Chart 4 contains information on the
interest rates for fixed-rate Federal
Consolidation Loans.
CHART 1—‘‘CONVERTED’’ VARIABLE-RATE FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS
91-Day T-Bill
rate
(percent)
Max. rate
(percent)
Original fixed interest rate
8.00, increasing to 10.00% ..............................................................
7.00% ...............................................................................................
8.00% ...............................................................................................
9.00% ...............................................................................................
10.00
7.00
8.00
9.00
0.09
0.09
0.09
0.09
of enrollment for which the loan was
intended either ‘‘ending before’’ or
In Charts 2 and 3, a dagger following
a date in a cohort field indicates that the
trigger for the rate to apply is a period
Margin
(percent)
Total rate
(percent)
3.25
3.25
3.25
3.25
3.34
3.34
3.34
3.34
‘‘beginning on or after’’ the date in the
cohort field.
CHART 2—VARIABLE-RATE FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS
Cohort
First disbursed on or
after
Margin
Max. rate
(percent)
First disbursed
before
10/1/1992 .....................
7/1/1994 .......................
7/1/1994 .......................
7/1/1995 .......................
7/1/1998 .......................
7/1/1994
7/1/1994†
7/1/1995
7/1/1998
7/1/2006
91-Day T-Bill
rate
(percent)
9.00
8.25
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
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
(percent)
0.09
0.09
0.09
0.09
0.09
Total rate
All other
periods
(percent)
3.10
3.10
3.10
2.50
1.70
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.
In Charts 3 and 4, an asterisk
following a date in a cohort field
indicates that the relevant trigger is an
application for a Federal Consolidation
In-school,
grace,
deferment
(percent)
3.10
3.10
3.10
3.10
2.30
All other
periods
(percent)
3.19
3.19
3.19
2.59
1.79
3.19
3.19
3.19
3.19
2.39
Loan being received either ‘‘on or after’’
or ‘‘before’’ the date in the cohort field.
For example, the sixth row in Chart 3
describes the interest rate for a Federal
Consolidation Loan for which the
application was received on or after
November 13, 1997, but before October
1, 1998.
CHART 3—VARIABLE-RATE FEDERAL PLUS, SLS, AND CONSOLIDATION LOANS
Cohort
Index rate
First disbursed
on or after
........................
10/1/1992
10/1/1992
7/1/1994
7/1/1998
11/13/1997*
........................
91-Day T-Bill
rate
(percent)
1-Year Constant Treasury
Maturity
(percent)
12.00
11.00
10.00
9.00
9.00
8.25
........................
........................
........................
........................
0.09
0.09
0.19
0.19
0.19
0.19
........................
........................
3.25
3.10
3.10
3.10
3.10
3.10
3.44
3.29
3.29
3.29
3.19
3.19
........................
0.09
........................
3.00
3.09
10/1/1992
7/1/1994†
7/1/1994
7/1/1998
7/1/2006
10/1/1998*
........................
Max. rate
(percent)
First disbursed
before
PLUS and SLS .............
SLS ..............................
PLUS ............................
PLUS ............................
PLUS ............................
Consolidation ...............
HHS Portion of Consolidation ........................
mstockstill on DSK4VPTVN1PROD with
Loan type
The last row in Chart 3 refers to
portions of Federal Consolidation Loans
VerDate Mar<15>2010
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Jkt 229001
attributable to loans made by the U.S.
Department of Health and Human
PO 00000
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Fmt 4703
Sfmt 4703
Margin
(percent)
Total rate
(percent)
Services under subpart I of part A of
title VII of the Public Health Service
Act.
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25JAN1
5435
Federal Register / Vol. 78, No. 17 / Friday, January 25, 2013 / Notices
CHART 4—FIXED-RATE CONSOLIDATION LOANS
First disbursed on or
after
First disbursed
before
Max. rate
(percent)
Rate
7/1/1994
........................
7/1/1994 ....................
11/13/1997*
........................
10/1/1998 ..................
7/1/2010
8.25
Weighted average of rates on the loans included in the consolidation, rounded to
nearest whole percent, but not less than 9.00%.
Weighted average of rates on the loans included in the consolidation, rounded upward
to nearest whole percent.
Weighted average of rates on the loans included in the consolidation, rounded to the
nearest higher 1⁄8 of 1 percent.
CHART 5—FIXED-RATE FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD AND PLUS LOANS
First disbursed
on or after
Loan type
Student grade level
Subsidized ..............................
Subsidized ..............................
Subsidized ..............................
Subsidized ..............................
Unsubsidized ..........................
PLUS ......................................
7/1/2006
7/1/2008
7/1/2009
7/1/2006
7/1/2006
7/1/2006
7/1/2008
7/1/2009
7/1/2010
7/1/2010
7/1/2010
7/1/2010
Undergraduate Students .........................................................
Undergraduate Students .........................................................
Undergraduate Students .........................................................
Graduate/Professional Students .............................................
All Students .............................................................................
Parents and Graduate/Professional Students ........................
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: January 18, 2013.
James W. Runcie,
Chief Operating Officer Federal Student Aid.
[FR Doc. 2013–01423 Filed 1–24–13; 8:45 am]
BILLING CODE 4000–01–P
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
mstockstill on DSK4VPTVN1PROD with
First disbursed
before
Combined Notice of Filings
Take notice that the Commission has
received the following Natural Gas
Pipeline Rate and Refund Report filings:
Docket Numbers: RP13–448–000.
VerDate Mar<15>2010
19:25 Jan 24, 2013
Jkt 229001
Applicants: Great Lakes Gas
Transmission Limited Par.
Description: Great Lakes Gas
Transmission Limited Partnership
Revenue Subject to Sharing True-Up
Report.
Filed Date: 1/15/13.
Accession Number: 20130115–5083.
Comments Due: 5 p.m. ET 1/28/13.
Docket Numbers: RP13–449–000.
Applicants: Natural Gas Pipeline
Company of America.
Description: Natural Gas Pipeline
Company of America LLC submits tariff
filing per 154.204: Tenaska
Amendmemt Filing to be effective 1/16/
2013.
Filed Date: 1/16/13.
Accession Number: 20130116–5022.
Comments Due: 5 p.m. ET 1/28/13.
Docket Numbers: RP13–450–000.
Applicants: Natural Gas Pipeline
Company of America.
Description: Natural Gas Pipeline
Company of America LLC submits tariff
filing per 154.204: Tenaska Neg Filing to
be effective 1/16/2013.
Filed Date: 1/16/13.
Accession Number: 20130116–5023.
Comments Due: 5 p.m. ET 1/28/13.
Any person desiring to intervene or
protest in any of the above proceedings
must file in accordance with Rules 211
and 214 of the Commission’s
Regulations (18 CFR 385.211 and
385.214) on or before 5:00 p.m. Eastern
time on the specified comment date.
Protests may be considered, but
intervention is necessary to become a
party to the proceeding.
PO 00000
Frm 00029
Fmt 4703
Sfmt 4703
Rate
(percent)
6.80
6.00
5.60
6.80
6.80
8.50
Dated: January 16, 2013.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2013–01508 Filed 1–24–13; 8:45 am]
BILLING CODE 6717–01–P
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
Combined Notice of Filings #1
Take notice that the Commission
received the following electric corporate
filings:
Docket Numbers: EC13–63–000.
Applicants: Dynegy Roseton, L.L.C.,
CCI Roseton LLC.
Description: Joint Application for
Approval under Section 203 of the
Federal Power Act and Request for
Expedited Consideration of Dynegy
Roseton, L.L.C. and CCI Roseton LLC.
Filed Date: 1/16/13.
Accession Number: 20130116–5132.
Comments Due: 5 p.m. ET 2/6/13.
Take notice that the Commission
received the following electric rate
filings:
Docket Numbers: ER10–1569–001;
ER12–21–005; ER10–2783–003; ER10–
2784–003; ER11–2855–004; ER10–2791–
003; ER10–2792–003; ER10–1564–002;
ER10–1565–002; ER10–2795–003; ER10–
2798–003; ER10–1575–001; ER10–2799–
003; ER10–2801–003 ER11–3727–002;
ER10–1566–002; ER12–2413–001; ER11–
2062–002; ER10–2812–002; ER10–1291–
003; ER10–2843–001 ER11–4307–002;
ER12–1711–002; ER10–2846–003; ER12–
261–001; ER10–2871–001; ER10–2875–
003; ER10–1568–002 ER10–1581–004;
ER10–2876–003; ER10–2878–003; ER10–
E:\FR\FM\25JAN1.SGM
25JAN1
]]>Agencies
[Federal Register Volume 78, Number 17 (Friday, January 25, 2013)]
[Notices]
[Pages 5433-5435]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01423]
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
Annual Notice of Interest Rates of Federal Student Loans Made
Under the Federal Family Education Loan Program
AGENCY: Federal Student Aid, Department of Education.
ACTION: Notice.
-----------------------------------------------------------------------
Catalog of Federal Domestic Assistance (CFDA) Number: 84.032.
SUMMARY: In accordance with section 427A of the Higher Education Act of
1965, as amended, the Chief Operating Officer for Federal Student Aid
announces the interest rates for the period July 1, 2012, through June
30, 2013, 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 interest rates to the public.
DATES: This notice is effective January 25, 2013.
FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of
Education, 830 First Street NE., room 114I1, Washington, DC 20202.
Telephone: (202) 377-3681 or by email: ian.foss@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: Section 427A of the Higher Education Act of
1965, as amended (HEA) (20 U.S.C. Section 1077a), provides formulas for
determining the interest rates charged to borrowers on loans made under
the Federal Family Education Loan (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 usually 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(k) of the HEA, FFEL Program loans first
disbursed on or after July 1, 2006, have a fixed interest rate.
In the case of some Federal Consolidation Loans, the interest rate
is determined by the date on which the Federal Consolidation Loan
application was received. Federal Consolidation Loans for which the
application was received on or after October 1, 1998, have a fixed
interest rate. This fixed rate is based on the weighted average of the
loans that are consolidated, rounded up to the nearest higher \1/8\ of
one percent up to a maximum rate of 8.25 percent.
FFEL variable interest rates are based on formulas that use the
bond equivalent rate of the 91-day Treasury bills 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 29,
2012, which is used to calculate the interest rates on these loans, is
0.086 percent, which is rounded to 0.09 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 on 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 22, 2012, which is used to calculate the interest rate on these
loans, is 0.19 percent.
This notice includes five charts containing specific information on
the calculation of 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.
[[Page 5434]]
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.
Chart 4 contains information on the interest rates for fixed-rate
Federal Consolidation Loans.
Chart 5 contains information on the interest rates for fixed-rate
Federal Subsidized and Unsubsidized Stafford and PLUS Loans.
Chart 1--``Converted'' Variable-Rate Federal Subsidized and Unsubsidized Stafford Loans
----------------------------------------------------------------------------------------------------------------
Max. rate 91-Day T-Bill Margin Total rate
Original fixed interest rate (percent) rate (percent) (percent) (percent)
----------------------------------------------------------------------------------------------------------------
8.00, increasing to 10.00%.............. 10.00 0.09 3.25 3.34
7.00%................................... 7.00 0.09 3.25 3.34
8.00%................................... 8.00 0.09 3.25 3.34
9.00%................................... 9.00 0.09 3.25 3.34
----------------------------------------------------------------------------------------------------------------
In Charts 2 and 3, a dagger following a date in a cohort field
indicates that the 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
--------------------------------------------------------------------------------------------------------------------------------------------------------
Cohort Margin Total rate
--------------------------------------------------------- ---------------------------------------------------------------
Max. rate 91-Day T-Bill In-school, In-school,
First (percent) rate grace, All other grace, All other
First disbursed on or after disbursed (percent) deferment periods deferment periods
before (percent) (percent) (percent) (percent)
--------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/1992............................... 7/1/1994 9.00 0.09 3.10 3.10 3.19 3.19
7/1/1994................................ 7/1/ 8.25 0.09 3.10 3.10 3.19 3.19
1994[dagger]
7/1/1994................................ 7/1/1995 8.25 0.09 3.10 3.10 3.19 3.19
7/1/1995................................ 7/1/1998 8.25 0.09 2.50 3.10 2.59 3.19
7/1/1998................................ 7/1/2006 8.25 0.09 1.70 2.30 1.79 2.39
--------------------------------------------------------------------------------------------------------------------------------------------------------
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.
In Charts 3 and 4, an asterisk following a date in a cohort field
indicates that the relevant trigger is an application for a Federal
Consolidation Loan being received either ``on or after'' or ``before''
the date in the cohort field. For example, the sixth row in Chart 3
describes the interest rate for a Federal Consolidation Loan for which
the application was received on or after November 13, 1997, but before
October 1, 1998.
Chart 3--Variable-Rate Federal PLUS, SLS, and Consolidation Loans
--------------------------------------------------------------------------------------------------------------------------------------------------------
Cohort Index rate
-------------------------------- --------------------------------
1-Year
Loan type First First Max. rate 91-Day T-Bill Constant Margin Total rate
disbursed on disbursed (percent) rate Treasury (percent) (percent)
or after before (percent) Maturity
(percent)
--------------------------------------------------------------------------------------------------------------------------------------------------------
PLUS and SLS............................ .............. 10/1/1992 12.00 .............. 0.19 3.25 3.44
SLS..................................... 10/1/1992 7/1/ 11.00 .............. 0.19 3.10 3.29
1994[dagger]
PLUS.................................... 10/1/1992 7/1/1994 10.00 .............. 0.19 3.10 3.29
PLUS.................................... 7/1/1994 7/1/1998 9.00 .............. 0.19 3.10 3.29
PLUS.................................... 7/1/1998 7/1/2006 9.00 0.09 .............. 3.10 3.19
Consolidation........................... 11/13/1997* 10/1/1998* 8.25 0.09 .............. 3.10 3.19
HHS Portion of Consolidation............ .............. .............. .............. 0.09 .............. 3.00 3.09
--------------------------------------------------------------------------------------------------------------------------------------------------------
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.
[[Page 5435]]
Chart 4--Fixed-Rate Consolidation Loans
----------------------------------------------------------------------------------------------------------------
First
First disbursed on or after disbursed Max. rate Rate
before (percent)
----------------------------------------------------------------------------------------------------------------
7/1/1994 .............. Weighted average of rates on the
loans included in the
consolidation, rounded to nearest
whole percent, but not less than
9.00%.
7/1/1994................................... 11/13/1997* .............. Weighted average of rates on the
loans included in the
consolidation, rounded upward to
nearest whole percent.
10/1/1998.................................. 7/1/2010 8.25 Weighted average of rates on the
loans included in the
consolidation, rounded to the
nearest higher \1/8\ of 1 percent.
----------------------------------------------------------------------------------------------------------------
Chart 5--Fixed-Rate Federal Subsidized and Unsubsidized Stafford and PLUS Loans
----------------------------------------------------------------------------------------------------------------
First First
Loan type Student grade level disbursed on disbursed Rate
or after before (percent)
----------------------------------------------------------------------------------------------------------------
Subsidized............................ Undergraduate Students.. 7/1/2006 7/1/2008 6.80
Subsidized............................ Undergraduate Students.. 7/1/2008 7/1/2009 6.00
Subsidized............................ Undergraduate Students.. 7/1/2009 7/1/2010 5.60
Subsidized............................ Graduate/Professional 7/1/2006 7/1/2010 6.80
Students.
Unsubsidized.......................... All Students............ 7/1/2006 7/1/2010 6.80
PLUS.................................. Parents and Graduate/ 7/1/2006 7/1/2010 8.50
Professional Students.
----------------------------------------------------------------------------------------------------------------
Note: No new loans have been made under the FFEL Program since
June 30, 2010.
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document is the document published in the Federal Register. Free
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Program Authority: 20 U.S.C. 1071 et seq.
Dated: January 18, 2013.
James W. Runcie,
Chief Operating Officer Federal Student Aid.
[FR Doc. 2013-01423 Filed 1-24-13; 8:45 am]
BILLING CODE 4000-01-P
