Loan Interest Rates

Enclosed in your exit counseling packet is a Loan History Report. This report lists all loans utilized while you were attending Allegheny College. Please note, this list includes only your awarded amount and does not reflect any payments, accrued interest or loans while attending another institution.

Below is some general information you may need when reviewing this report:

AWARD CODES:

LFP – Federal Perkins Loan

LDS – Wm. D. Ford Direct subsidized Stafford Loan
LDU – Wm. D. Ford Direct unsubsidized Stafford Loan

LFS – FFELP subsidized Stafford Loan (borrowed from a bank or lending institution)
LFU – FFELP unsubsidized Stafford Loan (borrowed from a bank or lending institution)

Private Loans will indicate the lender name in which you borrowed.

INTEREST RATES:

Perkins Loan –
2006 – 2014 – 5% fixed

Subsidized Stafford Loans including LDS and LFS –
2006 – 6.8% fixed
2007 – 6.8% fixed
2008 – 6.0% fixed
2009 – 5.6% fixed
2010 – 4.5% fixed
2011 – 3.4% fixed
2012 – 3.4% fixed
2013 – 3.86% fixed
2014 – 4.66% fixed

Unsubsidized Stafford Loans including LDU and LFU –
2006 – 2012 – 6.8% fixed
2013 – 3.86% fixed
2014 – 4.66% fixed

Private Loans –
Variable and Fixed interest rates – contact your lender