To all who are not aware yet: Effective July 1, 2002 the rate for Stafford student loans taken out on or after July 1, 1998 will be at an all time low: 4.06% if you are in repayment and 3.46% if you are in school/grace/deferment. This rate will only be in effect until June 30, 2003. People with PLUS loans and with Stafford loans that were gotten prior to July 1, 1998 will have a higher rate, but still at historic lows. Now would be a FANTASTIC time to consolidate those loans and lock that rate in permanently. If your servicer hasn't contacted you call them and ask: WHY NOT!!!!!!!!! Good luck to all fla-tan
