Expert Answers » Government Education Loan
Government Education Loan Glossary Definition (English)
Variable Interest Rate Defined
The following is in context to Government Education Loan, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"FFEL and Direct Stafford Loans have variable interest rates, which means the rates change yearly, on July 1st. The interest rate is tied to, and fluctuates with, the Treasury Bill rate. You will be notified throughout the life of your loan what your current interest rate is."
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Expert Dictionary: Variable Interest Rate
Dictionary: Variable Interest Rate
