| Lender |
Benefits/Advantages |
Servicer |
|
Chase Select
www.chaseselectloans.com
866-306-0868
|
- Interest Rate: As low as Prime minus 1.00% depending on credit review and co-signer presence
- Loan Fees: Zero fees
- Grace/Repayment Period:6-9 months/up to 25 years.
- 0.25% interest rate reduction for auto debit payments.
- Unique method of assessing risk provides high approval rates and low interest rates.
- Can be used if registered less than half time; loan does not go into immediate repayment.
- Can be used for prior school balances within 12 months; current enrollment not required.
- Satisfactory Academic Progress is not required.
- Co-signer release after 36 consecutive on-time payments any time after repayment begins.
|
Chase Select |
|
Citibank
www.studentloan.com/schools/pitt
CitiAssist® Loan
800-967-2400
|
- Interest Rate: As low as prime minus .50% depending on credit review and co-signer presence.
- Loan Fees: As low as 0%
- Loan Limits: Cost of attendance less financial aid.
- Grace/Repayment Period: 6 month grace period.
- 0.25% interest rate reduction for borrowers who make payments through auto debit.
- Additional 0.50% interest rate reduction with CitiExtras® Savings when you make your first 48 consecutive monthly payments on time.
- Can be used for prior balances within the last 12 months.
- May be enrolled less than half-time.
- Co-signer release option available after 24 consecutive on-time payments.
|
Citibank |
|
PNC Bank
Solution Loan
1-800-762-1001
|
- Interest Rate: As low as LIBOR + 2.75% depending on credit review and co-signer presence.
- Loan Fees: As low as 0%
- Loan Limits: $1000 up to cost of attendance less financial aid.
- Grace/Repayment Period: 6-9 month grace period. Up to 25 years for repayment..
- Flexible repayment options.
- 0.25% interest rate reduction for auto debit payments.
- A co-signer release option available after the initial 48 consecutive on-time monthly payments and subject to credit approval.
- Satisfactory Academic Progress is not required.
|
AES |
Sallie Mae Education Trust
Signature Student Loan
www.salliemae.com/signature
800-695-3317
|
- Interest Rate: As low as 1-month LIBOR plus 2.5% on credit and the presence of a cosigner.
- Fees: Zero fees.
- Loan Limits: $1000 up to cost of attendance minus financial aid.
- Standard repayment term of 15 years with option to extend terms up to 30 years for higher aggregate loan balances.
- 6 month grace period after leaving school or falling below half-time status.
- 0.50% interest rate reduction when payments are made via auto debit.
- Cosigner release option after only 24 consecutive on-time payments of principal & interest. Borrower credit check applies
|
Sallie Mae
|
