Historical Variable Loan Base Rates

Loan Year	AlaskAdvantage Stafford Loan		Alaska Supplemental Education Loan (ASEL)		AlaskAdvantage PLUS Loan
	In-School	Repayment	In-School	Repayment	All Periods
2008/09	3.61%	4.21%	4.60%	4.70%	5.01%
2007/08	6.62%	7.22%	7.60%	7.70%	8.02%
2006/07	6.54%	7.14%	7.50%	7.60%	7.94%
2005/06	4.70%	5.30%	5.80%	5.80%	6.10%
2004/05	2.77%	3.37%	2.77%	3.87%	4.17%
2003/04	2.82%	3.42%	2.82%	3.92%	4.22%
2002/03	3.46%	4.06%	3.46%	4.56%	4.86%

Existing Stafford, ASEL, or PLUS loans will continue to have variable rates that change annually, based on the 91-day Treasury Bill rate, plus an additional cost factor. Rates on new loans in 2006/07 and subsequent years will be fixed, and the interest rate will remain the same for the life of the loan. Thus, borrowers with both existing and new loans may have some loans that are variable rate, and some loans that are fixed rate. The same AlaskAdvantage borrower benefits announced each year apply to both the fixed and the variable rate loans.