Lender	University of Iowa
Interest Rate	5%
Interest-Free in School?	Yes
Loan Fees	None
Annual Maximums	$4,000 Freshman $3,000 Sophomore $2,000 Junior and Senior $2,000 Graduate
Cumulative Maximums	$20,000 undergraduate $40,000 undergraduate and graduate combined
Grace Period	9 months
Standard Repayment Period	To 10 years
Minimum Payments	$40/month
Other Information	Formerly called National Direct Student Loan