Private Student Loan Interest Rates
Interest rates for private student loans disbursed between April 1, 2013, and June 30, 2013.
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
| Rate Calculation |
Interest Rate |
Annual Percentage Rate (APR) |
| 4.25% + 3-month Libor index |
4.55% |
See APR and terms |
| 4.35% + 3-month Libor index |
4.65% |
| Fixed |
7.75% |
| Fixed |
7.90% |
Iowa Alliance Private Student Loan Program
| Loan Option |
Interest Rate |
Rate Calculation |
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 |
Rate Calculation |
Annual Percentage Rate (APR) |
| Alliant Credit Union and Health Services Credit Union Private Student Loan |
| Option 1 |
5.00% |
3-month Libor + 4.00% (min. 5.00%) |
See APR and terms |
| Option 2 |
5.25% |
3-month Libor + 4.25% (min. 5.25%) |
| Option 3 |
7.00% |
3-month 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-month Libor + 4.25% ( min. 5.25%) |
See APR and terms |
| Option 2 |
5.50% |
3-month Libor + 4.50% ( min. 5.50%) |
| Option 3 |
6.50% |
3-month Libor + 5.50% ( min. 6.50%) |
| 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-month Libor + 4.50% (min. 5.50%) |
See APR and terms |
| Option 2 |
6.50% |
3-month Libor + 5.50% (min. 6.50%) |
| The Family Credit Union Private Student Loan Program |
| Cosigner Loan |
5.30% |
3-month Libor + 5.00% |
See APR and terms |
| Premier Credit Union Private Student Loan |
| Cosigner Loan |
5.30% |
3-month 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%) |
|
