Private Student Loan Interest Rates
Interest rates for private student loans disbursed between April 1, 2012, and June 30, 2012.
This information is intended as a reference for financial aid officers and is not intended to be comprehensive. For detailed loan information, please refer to the individual loan program pages. This information is not intended for borrowers interested in obtaining a loan; borrowers interested in obtaining a loan should visit the private student loan section.
Partnership Advance Education Loan®
| Loan Option |
Interest Rate |
Index |
Annual Percentage Rate (APR) |
| Option 1 |
7.75% |
Fixed |
See APR and terms |
| Option 2 |
7.85% |
Fixed |
| Option 3 |
7.90% |
Fixed |
| Option 4 |
4.78% |
4.25% + 3-month Libor index |
| Option 5 |
4.88% |
4.35% + 3-month Libor index |
Iowa Alliance Private Student Loan ProgramSM
| Loan Option |
Interest Rate |
Index |
Annual Percentage Rate (APR) |
| No Cosigner Loan |
9.00% |
Prime + 4.50% (min. 9.00%) |
See APR and terms |
Other Private Student Loans — Serviced by Iowa Student Loan
| Loan Option |
Interest Rate |
Index |
Annual Percentage Rate (APR) |
| Alliant Credit Union and Health Services Credit Union Private Student Loan |
| Option 1 |
5.00% |
3-mo.Libor + 4.00% (min. 5.00%) |
See APR and terms |
| Option 2 |
5.25% |
3-mo.Libor + 4.25% (min. 5.25%) |
| Option 3 |
7.00% |
3-mo. Libor + 6.00% (min. 7.00%) |
| American State Bank Private Student Loan Program |
| Option 1 |
5.75% |
Prime + 2.50% |
See APR and terms |
| Option 2 |
8.50% |
Prime + 5.25% |
| Ascentra Credit Union Private Student Loan Program |
| Option 1 |
5.25% |
3-mo. Libor + 4.25% ( min. 5.25%) |
See APR and terms |
| Option 2 |
5.50% |
3-mo. Libor + 4.50% ( min. 5.50%) |
| Option 3 |
6.50% |
3-mo. Libor + 5.50% ( min. 6.50%) |
| C1st Student Loans |
| Option 1 |
4.53% |
3-mo. Libor + 4.00% |
See APR and terms |
| Option 2 |
5.03% |
3-mo. Libor + 4.50% |
| Option 3 |
6.03% |
3-mo. Libor + 5.50% |
| Capitol View Credit Union's Private Student Loan Program |
| Option 1 |
4.50% |
Prime + 1.00% (min. 4.50%) |
See APR and terms |
| Option 2 |
5.00% |
Prime + 1.50% (min. 5.00%) |
| Option 3 |
7.00% |
Prime + 3.50% (min. 7.00%) |
| Dupaco's Extra Credit Student Loan Program |
| Option 1 |
5.50% |
3-mo. Libor + 4.50% (min. 5.50%) |
See APR and terms |
| Option 2 |
6.50% |
3-mo. Libor + 5.50% (min. 6.50%) |
| The Family Credit Union Private Student Loan Program |
| Option 1 |
5.53% |
3-mo. Libor + 5.00% |
See APR and terms |
| Option 2 |
7.53% |
3-mo. Libor + 7.00% |
| Premier Credit Union Private Student Loan |
| Cosigner Loan |
5.53% |
3-mo. Libor + 5.00% |
See APR and terms |
| Scott Schools Private Student Loan Program |
| Option 1 |
5.50% |
Prime + 1.00% (min. 5.50%) |
See APR and terms |
| Option 2 |
7.00% |
Prime + 2.50% (min. 7.00%) |
|
