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Interest Rates For StudentPosted on March 24, 2010. How can they calculate the annual interest rate for student loans? Can anyone help me? I am a student and I'm going to study in Canada as an international student and I will get a student loan with a co-signer. I am trying to understand how they calculate their rates. What the prime rate and LIBOR rate they choose? And how can they add taxes at the rate and all that stuff? I really need to know how it goes. Student loan interest rates and fees really depends on the type of loan you take on. It also depends on your credit rating. CommentsThere are no comments.Leave a Comment | Newest My Friends |