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The 0.01% interest rate offered with this savings account is about 0.12% lower than the market average interest rate. A high-yield savings account will provide better returns on your deposits.
The interest rate for the Federal Perkins Loan is stated in the borrowers promissory note. The annual interest rate for the Federal Perkins Loan is currently 5% a year. Interest does not accure while you are enrolled at least half-time.