<p>So being the financially responsible kid I am, I've kept an Excel spreadsheet of my loans by type and year. I'll be a fifth year senior this year (which is unfortunate since I just found out I'm now ineligible for my state grant... trying to get my CPA and damn this 150 credit requirement) and I'm trying to start getting a jump on potential payment plans for after I graduate.</p>
<p>However, I'm a bit confused by the interest rates. According to this one website, Stafford subsidized loans disbursed between 7/1/13 and 6/30/14 have a fixed 3.86% rate, but Stafford subsidized loans disbursed between 7/1/11 and 6/30/13 have a fixed 3.4% rate... and this same type of loan disbursed between 7/1/10 and 6/30/11 is fixed at 4.5%. I'm most curious about these types of loans because I've taken them out all 4 years, and will probably take some out next year as well.</p>
<p>I only took out Stafford unsubsidized loans my first 2 years (2010/11 and 2011/12), so I believe they are just subject to the 6.8% rate... finally, I've taken out Perkins loans in 3 years as well, but I believe they are just fixed at 5% (don't think they've changed).</p>
<p>Correct me if I'm wrong here - but I guess all these rates are based on when they were disbursed? So certain loans I have taken out all have slightly different rates (which makes things more confusing), or are they all fixed at a certain rate? Also, Stafford unsubsidized loans are the only ones that have been accruing interest since their disbursement, correct? It seems Stafford subsidized are the best, though I've also heard Perkins is the best? </p>
<p>Would appreciate any enlightenment. Thanks for reading! </p>