| Lender | Interest | Fees | Repayment | Additional Information |
|---|---|---|---|---|
| Discover 877.728.3030 https://advweb.tgslc.org |
8.5% Fixed Interest Rate | 3% Origination Fee 1% Default Fee | Repayment begins 60 days after loan is fully disbursed | 0.25% rate reduction with auto debit during repayment |
| Edamerica 800.337.1009 www.edamerica.net |
8.50% Fixed Interest Rate | 3% Origination Fee Zero Default Fee | Repayment begins 60 days after loan is fully disbursed | 0.25% rate reduction with auto debit during repayment |
|
Nelnet |
8.50% Fixed Interest Rate | 3% Origination Fee Zero Default Fee | Repayment begins 60 days after loan is fully disbursed | 0.25% rate reduction with auto debit during repayment |
| RISLA 800.758.7562 www.risla.com |
8.50% Fixed Interest Rate | 3% Origination Fee 1% Default Fee | Repayment begins 60 days after loan is fully disbursed | 0.25% rate reduction with auto debit during repayment |
| Wachovia 800.338.2243 www.risla.com |
8.50% Fixed Interest Rate | 3% Origination Fee Zero Default Fee | Repayment begins 60 days after loan is fully disbursed | 0.25% rate reduction with auto debit during repayment |
| Lender | Interest | Fees | Satisfactory Academic Progress (SAP) | Enrollment Requirements | Prior Owing Balances | Minimum Requirements | Repayment |
|---|---|---|---|---|---|---|---|
| Chase Select Private Student Loan 866.306.0868 |
LIBOR +2.50% to +9.50% | Zero fees | N/A | Student must be enrolled at least half-time | N/A | Minimum loan amount $500.00; maximum Undergraduate loan amount is $120,000.00 | 0.25% intrest rate reduction with auto debit; cosigner release after 36 on-time payments |
| Citizens Bank TruFit Student Loan 888.333.0169 |
LIBOR +2.50% to +12.00% | Fees range from 0% to 5% | N/A | Student must be enrolled at least half-time | Up to 180 days | Minimum loan amount $1,000.00; aggregate amount is $120,000.00 | 3 Repayment options; cosigner release after 36 on-time payments |
|
CT Family Education Loan Program |
Fixed 6.8% | Reserved 3% fee paid from the loan proceeds | Student must be making satisfactory academic progress | Student must be enrolled at least half-time; students under the age of 18 call 888.538.7378 for application instructions | Loans are available for prior year balance | Minimum loan amount $2,000; maximum lifetime aggregate loan amount $125,000 | 6 month grace period after student leaves school; interest only payments begin 30-60 days after disbursement |
|
Discover |
Prime +1% to Prime +7.75 based on credit evaluation | Zero Fees | Student must be making satisfactory academic progress | Student must be enrolled at least half-time to continue to receive in-school deferment | N/A | N/A | 0.25% interest rate reduction with auto debit; 15 year repayment period |
| Graduate Leverage 877.552.9904 |
LIBOR + 1.75% to 10% | Zero Fees to 6% origination fee (based on credit) | N/A | Student must be enrolled at least half-time | N/A | Up to $30,000.00 per year | 0.25% interest rate reduction with auto debit; cosigner release after 48 consecutive on-time payments |
| PNC Bank Solution Loan 800.762.1001 |
LIBOR 2.25% to 8% | Zero Fees to 6% origination fee (based on credit) | N/A | Student must be enrolled at least half-time | Apply up to 60 days after the end of the school term | N/A | 0.25% interest rate reduction with auto debit; cosigner release after 48 consecutive on-time payments |
|
StuFund Solution Loan |
As low as Prime Rate -.50% to Prime +4.75% | Zero Fees | Must be enrolled at least half-time | Loan available for balances 6 months in arrears | Cost of Attendance minus other aid | 6 month grace period; up to 15 years to repay; flexible repayment options, in-school deferement; no prepayment penalties | |
| Wells Fargo Collegiate Loan 800.378.5526 |
Prime +1% to Prime +7.99% | Zero Fees | No SAP requirment | Student must be enrolled at least half-time; borrower must meet minimum credit requirements at the time of the request | Minimum loan amount $1000.00; maximum Undergraduate loan is COA minus other financial aid | 0.50% interest rate reduction at repayment upon verification of graduation with the Wells Fargo Student Graduation Benefit SM Program1; 0.25% interest rate reduction at repayment when Wells Fargo automatically withdraws payments from a personal checking or savings account; cosigner release after 24 payments |
| **Rates and Benefits as of Oct 13, 2009** |
| Rates and benefits are subject to change without notice |
