The variable interest rates for NU Loans are set annually on September 1, based on the cost of the NU Loan program. The tables below provide 5 years of historical loan rates for Undergraduate NU Loans and Graduate and Professional NU Loans.
| Graduate and Professional Students NU Loan Rates |
| Year 9/1-8/31 |
Student (need based) |
Student (optional) |
International Student - GPAL |
| 2011-12 |
6.50% |
7.00% |
7.00% |
| 2010-11 |
7.00% |
7.50% |
7.50% |
| 2009-10 |
7.00% |
7.50% |
7.50% |
| 2008-09 |
7.00% |
7.50% |
7.50% |
| 2007-08 |
7.75% |
8.25% |
8.25% |
| 2006-07 |
7.50% |
8.00% |
8.00% |
| Kellogg Students NU Loan Rates |
| Year 9/1-8/31 |
Kellogg Student (need based) |
Kellogg Student (optional) |
Kellogg International Student - Option A |
Kellogg International Student - Option B |
| 2011-12 |
6.50% |
7.00% |
7.00% |
7.50% |
| 2010-11 |
7.00% |
7.50% |
7.50% |
8.00% |
| 2009-10 |
7.00% |
7.50% |
7.50% |
8.00% |
| 2008-09 |
7.00% |
7.50% |
7.50% |
8.00% |
| 2007-08 |
7.75% |
8.25% |
8.25% |
8.75% |
| 2006-07 |
7.50% |
8.00% |
8.00% |
8.50% |