News Releases. 1  Department of Health Selects Vendor for Medical Marijuana âSeed-to-Saleâ Tracking System. 2  Department of Health Seeking Two Individuals Who May Have Been Bitten by Possible Rabid Ferret near Hustontown, Fulton County.
The Stafford loan program offers subsidized low interest student loans to qualifying applicants. The interest rates for the 2011 â 2012 school year are currently as low as 3.4%. The Stafford program also offers unsubsidized loans depending on the students needs. These unsubsidized loans are currently offering fixed interest rates of 6.8%.
But the pay-off is lower interest rates. For an SBA-backed loan, the lender can't charge more than the prime rate (as published in the Wall Street Journal), plus 2.25% for a loan due in less than seven years. The prime rate is currently 3.25%. This would bring your interest rate to a maximum of 5.5%. For loans due in more than seven years, the maximum interest rate is prime plus 2.75%, which would bring it to 6%. The SBA allows lenders to pass along certain fees to borrowers.