{"data":{"id":"us-va/8vac20-100-140","jurisdiction":"us-va","citation":"8VAC20-100-140","heading":"Determination of interest rate","body":"The interest rate for a loan generally shall be determined on the basis of a composite index of the applying school division as follows:\n\nPer Annum Interest Rate\n\nStep 1.\n\nComposite Index between .2 and .2999\n\n2.0%\n\nStep 2.\n\nComposite Index between .3 and .3999\n\n3.0%\n\nStep 3.\n\nComposite Index between .4 and .4999\n\n4.0%\n\nStep 4.\n\nComposite Index between .5 and .5999\n\n5.0%\n\nStep 5.\n\nComposite Index between .6 and .8000\n\n6.0%","path":["Title 8. Education","Agency 20. State Board of Education","Chapter 100. Regulations Governing Literary Loan Applications in Virginia","Part VI. Interest Rates"],"source_url":"https://law.lis.virginia.gov/admincode/title8/agency20/chapter100/section140/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:47:33Z","sha256":"b8ab02ac991d64c3c334b44d6b69595f7c179cad026277332fec3dfe317c73fb","source_id":"us-va-vac","stale":false,"prev":"us-va/8vac20-100-130","next":"us-va/8vac20-100-150"},"notice":"GroundRules: Original legal text. Not legal advice."}