Federal student loans like Stafford and PLUS loans’ rates are updated once each year in the summertime. Over the past two years, the three year Treasury Bill (what the rates on these loans are tied to) has risen. The rates on these loans are set to be changed or updated on after June 30th, 2005. So, if you have various different student loans, now may be a good time to consolidate your loans. You have about 30 days to get this going, so don’t waste any time. Rates will not likely be as low as they are again for quite a while.

This entry was posted on Tuesday, May 31st, 2005 at 4:14 pm and is filed under Florida. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.