Where to get a private student loan?

AX2007 · April 29, 2014

In a few months, I will be going back to school as an Undergraduate. Unfortunately, all the schools I am interested in are $40k a year. I will get some of it covered in federal student loans, grants, and scholarships, but I'll still owe about $20k a year in tuition. Does anyone have a lender for private student loans? There was an article today in the NY Times about student loan horror stories, so I would also like to hear about any not-so-great lenders you know about.

Thanks!

policebox · April 29, 2014

I know this isn't what you asked about and it probably will be of no help to you, but you do not want to get private student loans. Figure out any other way to pay for your tuition or go to a cheaper school. I'm a guy who has been forced into bankruptcy due to private student loan debt (which isn't discharged in bankruptcy), so all of my original financial issues still exist. I basically live and work just to try to pay back private student loans that have no available relief due to limited income, being in school, being ill, etc. They are literally causing me a slow death due to the poor quality of life I have, in part, due to private student loans.

hodap2001 · April 29, 2014

Below is a list of 'known' private student loan lenders; however, this is not an all-inclusive list; therefore, please do your research before you take out any private student loans and please remember that you will not have the same consumer protections as those of Federal Student Loans. This list is from FinAid.org - I know the owner of this website.

Lender Loan Limits Rates (Min/Avg/Max) Fees Term Acumen Student Loans
1% interest rate reduction once borrower has paid 10% of the principal balance.

Borrowers must choose one of two monthly in-school repayment options: interest only payments or a $25 proactive payment.

Co-signer release available after 24 months of consecutive on-time principal and interest payments.

30 day no-fee loan cancellation policy.

Loans originated by Cedar Education Lending / cuStudentLoans.

Acumen Private Student Loan (School Certified) COA-Aid or $30,000/year
$120,000 cumulative for undergraduate and $160,000 for graduate debt 3M LIBOR + 2.99% to 3M LIBOR + 8.99% No fees Up to 15 years Charter One
.25% interest rate reduction for existing customers. .25% interest rate reduction for automating payments from any bank account. Co-signer release after making 36 consecutive on-time payments of principal and interest. The loan is forgiven in the unfortunate event of the student borrower's death or permanent and total disability. No origination, application or disbursement fees. Students have the choice to defer payments while in school. Rates are effective March 24, 2014 and offer subject to change. All accounts, loans and services subject to individual approval. TruFit Student Loan (School Certified) COA-Aid
$120,000 cumulative (includes federal and private) for undergraduate students, $175,000 for business and law school students, $150,000 for graduate students and $225,000 for medical school students. Variable: 1-month LIBOR + 2.50%
1-month LIBOR + 9.25%

Fixed: 5.75% to 11.75%

0.0% 5, 10 or 15 years Citizens Bank
.25% interest rate reduction for existing customers. .25% interest rate reduction for automating payments from any bank account. Co-signer release after making 36 consecutive on-time payments of principal and interest. The loan is forgiven in the unfortunate event of the student borrower's death or permanent and total disability. No origination, application or disbursement fees. Students have the choice to defer payments while in school. Rates are effective March 24, 2014 and offer subject to change. All accounts, loans and services subject to individual approval. TruFit Student Loan (School Certified) COA-Aid
$120,000 cumulative (includes federal and private) for undergraduate students, $175,000 for business and law school students, $150,000 for graduate students and $225,000 for medical school students. Variable: 1-month LIBOR + 2.50%
1-month LIBOR + 9.25%

Fixed: 5.75% to 11.75%

0.0% 5, 10 or 15 years Commerce Bank
Funded by Sallie Mae Bank.
Lender ID 900917.

Get a 2% Smart Reward^® rebate on on-time scheduled monthly interest payments or fixed $25 payments during the in-school period. (Not available with deferred repayment option. Rebates are deposited in the borrower's Upromise^® rebate account.)

0.25 percentage point interest rate reduction for auto-debit.

The interest rates may be up to 0.50% better for borrowers who apply with a creditworthy cosigner.

There are three repayment options for students attending degree-granting institutions: Interest Repayment, Fixed Repayment and Deferred Repayment. Borrowers may mix and match the options if they wish, choosing a different option with each new loan. Interest rates are lower for the Interest Repayment and Fixed Repayment options. The lower balance at graduation for the Interest Repayment and Fixed Repayment options will yield a shorter repayment term for about the same monthly payment, letting the borrower repay their loans quicker and saving the borrower thousands of dollars in interest.

Borrowers may apply for cosigner release after they graduate and make 12 consecutive on-time principal and interest payments. Cosigner release is subject to credit review and approval. Borrower must be a US citizen or permanent resident to qualify for cosigner release.

Rates effective as of 3/26/2012. Additional terms, conditions and limitations apply. Sallie Mae reserves the right to modify or discontinue products, services and benefits at any time without notice. The Sallie Mae web site provides additional details concerning the Smart Option Student loan terms and APR information. Check SallieMae.com to obtain the most up-to-date information.

Smart Option Student Loan - Interest Repayment Option

Borrower agrees to make payments of at least the new interest that accrues during the in-school and six-month grace periods. Payments of full principal and interest begin after the end of the six-month grace period.

For Undergraduate, Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.0% (2.25% APR) to 1-month LIBOR + 8.875% (9.11% APR)

Fixed Rates: 5.75% (5.74% APR) to 11.875% (11.85% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan - Fixed Repayment Option

The borrower agrees to make payments of $25 per month per loan during the in-school and six-month grace periods. Unpaid interest will be capitalized. Payments of full principal and interest begin after the end of the six-month grace period.

For Undergraduate, Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.5% (2.75% APR) to 1-month LIBOR + 9.375% (9.09% APR)

Fixed Rates: 6.25% (6.08% APR) to 12.375% (11.43% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan - Deferred Repayment Option

Principal and interest payments are deferred while the borrower is in school and for six months after graduation. The interest is capitalized (added to the loan balance). Payments of full principal and interest begin after the end of the six-month grace period.

For Undergraduate, Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 3.0% (3.17% APR) to 1-month LIBOR + 9.875% (9.37% APR)

Fixed Rates: 6.75% (6.41% APR) to 12.875% (11.69% APR) No disbursement or repayment fees. 6-15 years based on loan balance and year in school. Connecticut Higher Education Supplemental Loan Authority (CHESLA) (School Certified)
The student must either be a Connecticut resident or attend an eligible Connecticut college or university. The student must be enrolled on at least a half-time basis in an accredited public or non-profit college or university.

Most students will need a creditworthy cosigner to qualify.

The in-school and 6-month grace periods are limited to no more than 5 years in total.

CHESLA Loan COA-Aid
$125,000 cumulative 5.99% fixed annual rate (non-tiered, simple interest) with APR ranging from 6.35% to 6.50% over the life of the loan

Payments of interest are required for undergraduate students during the in-school and grace periods. Graduate and professional students may defer payments of interest during the in-school and grace periods by capitalizing the interest. (The interest is capitalized annually.)

3.0% reserve fee, deducted from the loan proceeds. No application fees. 140 months (11.7 years) Credit Union Student Choice

Borrowers may choose full deferment while in school, elect to make interest only payments while in school, or choose full principal and interest payments.

A graduated repayment option is available when the loans enter repayment.

No cosigner is required for creditworthy students.

0.25% interest rate reduction for auto-debit.

Cosigner release after 48 consecutive on-time principal and interest payments and satisfying credit criteria.

Student Choice Education Loan Line of Credit
School Certified

A line of credit (LOC) allows the student apply once and make draws as needed.

COA-Aid (annual limit)
$75,000 maximum line of credit 3M LIBOR + 3% to Prime + 8%

Interest rates are set by each participating credit union. The interest rate range shown here runs from the lowest rate by any credit union to the highest rate by any credit union. Some credit unions have floors on the interest rates, ranging from 3.5% to 10.0%. The high end of the floor is for a credit union that serves borrowers with weak credit.

0.0% origination fee 20 years for balances < $40,000

25 years for balances > $40,000

cuStudentLoans.org
1% interest rate reduction once borrower has paid 10% of the principal balance. Co-signer release after 24 consecutive on-time principal and interest payments. No co-signer required for creditworthy students.

Student academic attributes supplement traditional credit underwriting criteria.

cuScholar Private Student Loan
School Certified COA-Aid
$120,000 cumulative ($30,000/year) 3M LIBOR + 2.99%
3M LIBOR + 8.99% 0.0% origination fee 15 years Dakota Education Alternative Loan (DEAL)
Borrower must either be a legal resident of or enroll in a college in North Dakota, South Dakota, Minnesota, Montana, Wyoming or Wisconsin.

0.25% interest rate reduction with auto-debt.

School Certified - Fixed Rate COA-Aid FHLB 10-Year Advanced Rate + 2% (ND) or + FHLB 10-Year Advanced Rate + 3% (otherwise) 0% if ND, 2% otherwise 10 years; longer terms available if loan balance > $30,000 School Certified - Variable Rate COA-Aid 3-month LIBOR + 1.5% (ND) or 3-month LIBOR + 2.5% (otherwise) 0% if ND, 2% otherwise 10 years; longer terms available if loan balance > $30,000 Discover Student Loans
No payments required while in school at least half-time.

0.25% Auto Debit Reward (when you enroll for auto-debit payments during repayment).

Eligibility for US citizens, permanent residents or international students with a Social Security number and US citizen or permanent resident cosigner.

2% Graduation Reward is available on undergraduate and graduate variable interest rate loans only.

Fixed and variable rates effective as of 12/6/2013.

The Annual Percentage Rate (APR) for a variable rate loan may increase during the life of the loan if the Prime Index increases. This may result in higher monthly payments, an increase in the number of scheduled payments or both.

Discover Undergraduate Loan
School Certified

For students enrolled at least half-time in an undergraduate program at an eligible degree-granting school.

COA-Aid
$150,000 aggregate limit Fixed Rates: 6.74% to 10.99% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 5.00% (8.25% APR) No fees 15 years Discover Graduate Loan
School Certified

For masters and doctoral degree candidates enrolled at least half-time in a graduate program at an eligible degree-granting school.

COA-Aid
$150,000 aggregate limit Fixed Rates: 6.74% to 10.99% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 5.00% (8.25% APR) No fees 20 years Discover Health Professions Loan
School Certified

For students enrolled at least half-time in one of the following health professions graduate programs at a degree-granting school: Allopathy, Dentistry, Nursing, Occupational Therapy, Optometry, Osteopathy, Pharmacy, Physical Therapy, Physician Assistant, Podiatry and Veterinary Medicine.

COA-Aid

$180,000 aggregate limit for Nursing, Occupational Therapy, Physical Therapy and Physician Assistant

$275,000 aggregate limit for Allopathy, Dentistry, Optometry, Osteopathy, Pharmacy, Podiatry and Veterinary Medicine

Fixed Rates: 6.74% to 9.49% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 3.50% (6.75% APR) No fees 20 years Discover Law Loan
School Certified

For students enrolled at least half-time in a graduate program at an eligible degree-granting law school.

COA-Aid
$180,000 aggregate limit Fixed Rates: 6.74% to 9.49% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 3.50% (6.75% APR) No fees 20 years Discover MBA Loan with GMAT® Test-Taker Reward
School Certified

GMAT® Test-Taker Reward (0.25% interest rate reduction after disbursement if you have taken the GMAT exam in the past five years).

For students enrolled, at least half-time, in a graduate program at an eligible degree-granting business school.

COA-Aid
$180,000 aggregate limit Fixed Rates: 6.74% to 9.49% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 3.50% (6.75% APR) No fees 20 years Discover Residency Loan
For students who graduated within the past 12 months, or enrolled at least half-time in their final year in one of the following graduate health professions programs: Allopathy, Dentistry, Nursing, Occupational Therapy, Optometry, Osteopathy, Pharmacy, Physical Therapy, Physician Assistant, Podiatry or Veterinary Medicine. $5,000 aggregate limit for Nursing, Occupational Therapy, Physical Therapy and Physician Assistant

$18,000 aggregate limit for Allopathy, Dentistry, Optometry, Osteopathy, Pharmacy, Podiatry and Veterinary Medicine

Fixed Rates: 6.74% to 10.99% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 5.00% (8.25% APR) No fees 20 years Discover Bar Exam Loan
For students who graduated within the past six months, or enrolled at least half-time in their final year of study in a graduate law degree program. $16,000 aggregate limit Fixed Rates: 6.74% to 10.99% APR

Variable Rates: PRIME + 0.00% (3.25% APR) to PRIME + 5.00% (8.25% APR) No fees 20 years Fifth Third Bank
Funded by Fifth Third Bank. Lender code 508780. Private loans are serviced by Sallie Mae.

Get a 2% Smart Reward® rebate on on-time scheduled monthly interest payments or fixed $25 payments during the in-school period. (Not available with deferred repayment option. Rebates are deposited in the borrower's Upromise® rebate account.)

Earn a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit.

Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate.

Borrowers may apply for a cosigner release after they graduate and make 12 consecutive on-time principal and interest payments. Cosigner release is subject to credit review and approval. Borrower must be a US citizen or permanent resident to qualify for cosigner release.

There are three repayment options for students attending degree-granting institutions: Interest Repayment, Fixed Repayment and Deferred Repayment. Borrowers may mix and match the options if they wish, choosing a different option with each new loan. Interest rates are lower for the Interest Repayment and Fixed Repayment options. The lower balance at graduation for the Interest Repayment and Fixed Repayment options will yield a shorter repayment term for about the same monthly payment, letting the borrower repay their loans quicker and saving the borrower thousands of dollars in interest.

In addition, starting with the 2013-14 academic year, there is a new graduated repayment plan which provides the option of one year of interest-only payments for the first year after the loan enters repayment, followed by regularly amortized payments of principal and interest through the end of the repayment term. The graduated repayment option does not extend the term of the loan.

Rates effective as of 1/27/2014. Additional terms, conditions and limitations apply. Fifth Third Bank and Sallie Mae reserve the right to modify or discontinue products, services and benefits at any time without notice. The Fifth Third web site provides additional details concerning the Smart Option loan terms and APR information. See also the Loan Application and Solicitation Disclosure.

Applicants should check the Fifth Third web site to obtain the most up-to-date product information.

Smart Option Student Loan funded by Fifth Third Bank — Interest Repayment Option

For Undergraduate Students attending degree-granting institutions only. (School Certified)

Borrower agrees to make payments of at least the new interest that accrues during the in-school and six-month grace periods. Payments of full principal and interest begin after the end of the six-month grace period.

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.0% (2.25% APR) to 1-month LIBOR + 8.875% (9.11% APR)

Fixed Rates: 5.75% (5.74% APR) to 11.875% (11.85% APR) No disbursement fee or repayment fee. 5-15 years based on loan balance and year in school. Smart Option Student Loan funded by Fifth Third Bank — Fixed Repayment Option

For Undergraduate Students attending degree-granting institutions only. (School Certified)

The borrower agrees to make payments of $25 per month per loan during the in-school and six-month grace periods. Unpaid interest will be capitalized. Payments of full principal and interest begin after the end of the six-month grace period.

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.5% (2.75% APR) to 1-month LIBOR + 9.375% (9.09% APR)

Fixed Rates: 6.25% (6.08% APR) to 12.375% (11.43% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan funded by Fifth Third Bank — Deferred Repayment Option

For Undergraduate Students attending degree-granting institutions only. (School Certified)

Principal and interest payments are deferred while the borrower is in school and for six months after graduation. The interest is capitalized (added to the loan balance). Payments of full principal and interest begin after the end of the six-month grace period.

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 3.0% (3.17% APR) to 1-month LIBOR + 9.875% (9.37% APR)

Fixed Rates: 6.75% (6.41% APR) to 12.875% (11.69% APR) No disbursement or repayment fees. 6-15 years based on loan balance and year in school. Smart Option Student Loan funded by Fifth Third Bank — Interest Repayment Option

For Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

Borrower agrees to make payments of at least the new interest that accrues during the in-school and six-month grace periods. Payments of full principal and interest begin after the end of the six-month grace period.

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.0% (2.25% APR) to 1-month LIBOR + 6.75% (6.99% APR)

Fixed Rates: 5.75% (5.74% APR) to 8.375% (8.36% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan funded by Fifth Third Bank — Fixed Repayment Option

For Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

The borrower agrees to make payments of $25 per month per loan during the in-school and six-month grace periods. Unpaid interest will be capitalized. Payments of full principal and interest begin after the end of the six-month grace period.

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.5% (2.75% APR) to 1-month LIBOR + 7.00% (7.12% APR)

Fixed Rates: 6.25% (6.16% APR) to 8.625% (8.42% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan funded by Fifth Third Bank — Deferred Repayment Option

For Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

Principal and interest payments are deferred while the borrower is in school and for six months after graduation. The interest is capitalized (added to the loan balance). Payments of full principal and interest begin after the end of the six-month grace period.

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 3.0% (3.21% APR) to 1-month LIBOR + 7.25% (7.27% APR)

Fixed Rates: 6.75% (6.56% APR) to 8.875% (8.56% APR) No disbursement or repayment fees. 6-15 years based on loan balance and year in school. Bar Study Loan funded by Fifth Third Bank $1,000 (min)
$15,000 (max) Variable Rates: 1-month LIBOR + 3.50% (3.74% APR) to 1-month LIBOR + 11.75% (12.74% APR) 0% to 5% at disbursement. No repayment fee. Up to 15 years. Residency and Relocation Loan funded by Fifth Third Bank $1,000 (min)
$20,000 (max) Variable Rates: 1-month LIBOR + 3.0% (3.21% APR) to 1-month LIBOR + 9.75% (9.62% APR) No disbursement or repayment fees. Up to 20 years. Graduate Leverage

0.25% interest rate reduction for auto-debit (ACH) for all loan programs.

School-certified Private Loans (Undergraduate Students) COA-Aid
$25,000/year 1-month LIBOR + 1.75%
1-month LIBOR + 10.0% 0% to 6% Up to 20 years, depending on loan balance School-certified Private Loans (Graduate Students) COA-Aid
$25,000/year 1-month LIBOR + 1.75%
1-month LIBOR + 10.0% 0% to 6% Up to 20 years, depending on loan balance Medical Residency & Relocation Loan Program $20,000 1-month LIBOR + 5.0%
1-month LIBOR + 8.0%
1% interest rate reduction upon entering repayment 0% to 6% Up to 15 years, depending on loan balance Dental Residency & Relocation Loan Program $20,000 1-month LIBOR + 5.0%
1-month LIBOR + 9.0%
1% interest rate reduction upon entering repayment 0% to 6% Up to 15 years, depending on loan balance Veterinary Internship & Relocation Loan Program $20,000 1-month LIBOR + 5.0%
1-month LIBOR + 9.0%
1% interest rate reduction upon entering repayment 0% to 6% Up to 15 years, depending on loan balance Bar Study Loan $17,500 1-month LIBOR + 3.0%
1-month LIBOR + 12.0%
1% interest rate reduction upon entering repayment 0% to 6% Up to 15 years, depending on loan balance Higher Education Servicing Corp. (Texas)

0.25% interest rate reduction for ACH payments.

Co-signer release available after 36 months of consecutive on-time principal and interest payments.

SAP not required.

Available for Past Due Balances.

In-school deferment and grace period options available.

Four Repayment Options: Full Deferment, Interest Only, Partial Interest or Immediate Repayment.

Must be degree-seeking and enrolled at least half-time at an approved school.

The student borrower and cosigner (if applicable) must be permanent residents of Texas.

Texas Extra Credit Education Loan (School Certified)

Application calculates APRs and estimated repayment amounts in real time, making it possible to compare loan scenarios.

COA-Aid
$1,000 annual minimum, $65,000 annual maximum, $150,000 aggregate limit inclusive of all student loan debt Variable: 3M LIBOR + 2.99% to 3M LIBOR + 8.99% No fees. 10 or 15 years, depending on amount borrowed. (The 15 year repayment term is available for loan amounts of $5,000 or more.) Independent Community Bankers of America (ICBA)

Funded by Independent Community Banks, no membership is required. Originated and Serviced by Student Loan Finance Corporation (SLFC).

Borrowers receiving the highest interest rate (3M LIBOR + 6.8%) may qualify for a 0.30% interest rate reduction after 24 months of on-time payments and satisfying other criteria.

Cosigners are not required but may increase chances of approval and may yield a better interest rate. Cosigner release option after initial 24 consecutive on-time payments and satisfying credit criteria, if requested by borrower.

International students are eligible with an eligible US citizen or permanent resident cosigner. International students should contact SLFC at 800-645-7404 to obtain an account number prior to starting an online application.

Rates effective 4/30/2012.

iHELP Student Loan COA-Aid
$100,000 cumulative (undergraduate), $150,000 cumulative (graduate) 3M LIBOR + 2.5%
3M LIBOR + 6.8% No origination fees. Supplemental fee of 3% (with cosigner) to 5% (without cosigner) when the loan enters repayment. Up to 20 years, depending on amount borrowed Maine Educational Loan Authority (MELA)

Rates effective June 26, 2012.

Must be a Maine resident or attending a Maine college to apply for this loan.

The Maine Loan COA-Aid 7.25% fixed for all borrowers, regardless of credit. Requires interest-only payments during the in-school and six-month grace periods. 4% fee added to loan balance at disbursement. 5 to 15 years, depending on amount borrowed The Maine Medical Loan COA-Aid 7.25% fixed for all borrowers, regardless of credit. Option to defer principal and interest during the in-school period and for up to four years of residency and internship. 4% fee added to loan balance at disbursement. 5 to 15 years, depending on amount borrowed Massachusetts Educational Financing Authority (MEFA)
Benefits Massachusetts residents attending college in-state or out-of-state, and for students from across the U.S. attending a Massachusetts college or university.

Subject to full terms available on the MEFA web site.

Rates effective June 13, 2012.

MEFA Loan for Undergraduate Education
Immediate Repayment / 10 Years COA-Aid 5.99% fixed during the anticipated in-school period, 7.24% thereafter (APR 7.26% - 7.83%) 4.0% with a co-borrower; 7.0% without a co-borrower 10 years MEFA Loan for Undergraduate Education
Immediate Repayment / 15 Years COA-Aid 6.29% fixed during anticipated in-school period, 7.29% thereafter (APR 7.40% - 7.76%) 4.0% with a co-borrower; 7.0% without a co-borrower 15 years MEFA Loan for Undergraduate Education
Deferred Repayment / 15 Years COA-Aid 7.59% fixed (APR 7.52% - 8.18%) 4.0% with a co-borrower; 7.0% without a co-borrower 15 years MEFA Loan for Undergraduate Education
Interest-Only Repayment / 15 Years COA-Aid 7.09% fixed during anticipated in-school period, 8.09% thereafter (APR 8.15% - 8.55%) 4.0% with a co-borrower; 7.0% without a co-borrower 15 years MEFA Loan for Undergraduate Education
Student Deferred Loan / 15 Years

Co-borrower required. The co-borrower may request release after 48 consecutive on-time payments if meeting then current credit underwriting standards. COA-Aid 8.09% fixed (APR 7.95% - 8.68%) 4.0% with a co-borrower 15 years MEFA Loan for Graduate Education
Interest-Only Repayment COA-Aid 7.09% fixed during anticipated in-school period, 8.09% fixed thereafter (APR 8.27% - 8.55%) 4.0% with a co-borrower; 7.0% without a co-borrower 15 years MEFA Loan for Graduate Education
Deferred Repayment COA-Aid 7.59% fixed (APR 7.89% - 8.18%) 4.0% with a co-borrower; 7.0% without a co-borrower 15 years Minnesota Office of Higher Education

The student must either be a Minnesota resident or attend an eligible Minnesota college or university.

The in-school period is limited to no more than 9 years.

Borrowers may make monthly interest-only payments for 1-2 years after repayment begins before making regular payments of principal and interest.

Interest rates effective 7/1/2012.

SELF Loan (cosigner required) $7,500/year and $37,500 aggregate (students at 2-year colleges)

$10,000/year and $50,000 aggregate (students in Bachelor's degree programs at 4-year colleges)

$70,000 aggregate for undergraduate and graduate debt (graduate students)

Fixed: 7.25%

Variable: 3M LIBOR + 3.0%, rounded to nearest 10th of a percent, adjusted quarterly, 3% cap on interest rate changes in any 12 month period

Payments of interest are required during the in-school and grace periods.

None Up to 10-20 years after in-school period, depending on loan balance. Up to 10 years for loan balances less than $20,000, up to 15 years for loan balances of $20,000 to $40,000 and up to 20 years for loan balances of $40,000 or more. New York State Higher Education Services Corporation (HESC)
Student borrower, non-student borrower and cosigner (required for student borrowers) must be New York residents.

Student must be matriculated in an eligible program at least half time at a participating New York college.

0.25% interest rate reduction for auto-debit.

Cosigner release option available for borrowers who satisfy credit criteria (at time of release) after 48 consecutive on-time payments after graduation. Only borrowers who pay at least the interest during the in-school period are eligible for cosigner release.

NYHELPs Principal & Interest Payments During In-School/Grace Period (required for non-student borrowers) $10,000 annual (freshmen)
$15,000 annual (sophomores)
$20,000 annual (juniors, seniors and graduate students)

$20,000 cumulative (2-year undergraduate)
$50,000 cumulative (4-year undergraduate)
$70,000 cumulative (undergraduate and graduate combined)

7.55% fixed 4% to 6% (with cosigner)
4% or 8% (non-student borrower without cosigner) 10 to 20 years, depending on amount borrowed NYHELPs Interest-Only Payments During In-School/Grace Period (student borrowers only) 8.25% fixed 5% to 7% (with cosigner) NYHELPs Full Deferment of Principal and Interest During In-School/Grace Period (student borrowers only) 8.75% fixed 7% (with cosigner) PNC Education Lending
0.50% interest rate reduction for auto-debit. Co-signer release option after 48 consecutive on-time payments.

Rates effective 4/1/2014.

Additional information and disclosures are available on the PNC Education Lending web site.

PNC Solution Loan for Undergraduate Students $40,000 Variable Rate:
3.46% to 10.41%
(APRs 3.39% to 10.41%)
Based on LIBOR + 3.3% to LIBOR + 10.25%

Fixed Rate:
6.49% to 12.99% (APRs 6.26% to 12.99%)

No application or repayment fees 15 years PNC Solution Loan for Graduate Students $65,000/year
$225,000 cumulative No application or repayment fees 15 years PNC Solution Loan for Health Professions $65,000/year
$225,000 cumulative No application or repayment fees 15 years PNC Solution Loan for Health Professions Residency Up to $15,000 No application or repayment fees 15 years PNC Solution Loan for Bar Study Up to $15,000 No application or repayment fees 15 years Regions Bank
Funded by Sallie Mae Bank.
Lender ID 900902.

Earn a 0.25 percentage point interest rate reduction for auto-debit.

The interest rates may be up to 0.50% better for borrowers who apply with a creditworthy cosigner.

Get a 2% Smart Reward rebate on on-time scheduled monthly interest payments or fixed $25 payments during the in-school period. (Not available with deferred repayment option. Rebates are deposited in the borrower's Upromise rebate account.)

There are three repayment options for students attending degree-granting institutions: Interest Repayment, Fixed Repayment and Deferred Repayment. Borrowers may mix and match the options if they wish, choosing a different option with each new loan. Interest rates are lower for the Interest Repayment and Fixed Repayment options. The lower balance at graduation for the Interest Repayment and Fixed Repayment options will yield a shorter repayment term for about the same monthly payment, letting the borrower repay their loans quicker and saving the borrower thousands of dollars in interest.

Borrowers may apply for cosigner release after they graduate and make 12 consecutive on-time principal and interest payments. Cosigner release is subject to credit review and approval. Borrower must be a US citizen or permanent resident to qualify for cosigner release.

Rates effective as of 8/27/2012. Additional terms, conditions and limitations apply. Regions Bank and Sallie Mae reserve the right to modify or discontinue products, services and benefits at any time without notice. The Regions web site provides additional details concerning the Smart Option Terms and APR information. You may also view the Loan Application Solicitation and Disclosure.

Smart Option Student Loan — Interest Repayment Option

Borrower agrees to make payments of at least the new interest that accrues during the in-school and six-month grace periods. Payments of full principal and interest begin after the end of the six-month grace period.

For Undergraduate, Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.0% (2.25% APR) to 1-month LIBOR + 8.875% (9.11% APR)

Fixed Rates: 5.75% (5.74% APR) to 11.875% (11.85% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan — Fixed Repayment Option

The borrower agrees to make payments of $25 per month per loan during the in-school and six-month grace periods. Unpaid interest will be capitalized. Payments of full principal and interest begin after the end of the six-month grace period.

For Undergraduate, Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 2.5% (2.75% APR) to 1-month LIBOR + 9.375% (9.09% APR)

Fixed Rates: 6.25% (6.08% APR) to 12.375% (11.43% APR) No disbursement or repayment fees. 5-15 years based on loan balance and year in school. Smart Option Student Loan — Deferred Repayment Option

Principal and interest payments are deferred while the borrower is in school and for six months after graduation. The interest is capitalized (added to the loan balance). Payments of full principal and interest begin after the end of the six-month grace period.

For Undergraduate, Graduate and Professional School Students attending degree-granting institutions only. (School Certified)

COA-Aid ($1,000 minimum) Variable Rates: 1-month LIBOR + 3.0% (3.17% APR) to 1-month LIBOR + 9.875% (9.37% APR)

Fixed Rates: 6.75% (6.41% APR) to 12.875% (11.69% APR) No disbursement or repayment fees. 6-15 years based on loan balance and year in school. Rhode Island Student Loan Authority (RISLA)
Loans are available for Rhode Island residents attending schools in and out-of-state and non-Rhode Island residents enrolled at an eligible Rhode Island college or university.

Rates are effective for the 2011-2012 academic year.

Rhode Island Family Education Loan (RIFEL) COA-Aid or $35,000/year
$175,000 cumulative 6.39% fixed (immediate repayment) with a 10-year repayment term
7.49% fixed (defer repayments until up to 6 months after graduation; 54 months deferment limit unless borrower enrolled fulltime in a 5 year program or graduate school) with a 15-year repayment term 0% 10-15 years Sallie Mae
Funded by Sallie Mae Bank.
Lender ID 900905.

Get a 2% Smart Reward^® rebate on on-time scheduled monthly interest payments or fixed $25 payments during the in-school period. (Not available with deferred repayment option. Rebates are deposited in the borrower's Upromise^® rebate account.)

0.25 percentage point interest rate reduction for auto-debit.

The interest rates may be up to 0.50% better for borrowers who apply with a creditworthy cosigner.

There are three repayment options for students attending degree-granting institutions: Interest Repayment, Fixed Repayment and Deferred Repayment. Borrowers may mix and match the options if they wish, choosing a different option with each new loan. Interest rates are lower for the Interest Repayment and Fixed Repayment options. The lower balance at graduation for the Interest Repayment and Fixed Repayment options will yield a shorter repayment term for about the same monthly payment, letting the borrower repay their loans quicker and saving the borrower thousands of dollars in interest.

In addition, starting with the 2013-14 academic year, there is a new graduated repayment plan which provides the option of one year of interest-only payments for the first year after the loan enters repayment, followed by regularly amortized payments of principal and interest through the end of the repayment term. The graduated repayment option does not extend the term of the loan.

Borrowers may apply for cosigner release after they graduate and make 12 consecutive on-time principal and interest payments. Cosigner release is subject to credit review and approval. Borrower must be a US citizen or permanent resident to qualify for cosigner release.

Additional terms, conditions and limitations apply. Sallie Mae reserves the right to modify or discontinue products, services and benefits at any time without notice. The Sallie Mae web site provides additional details concerning the Smart Option Student loan terms and APR information. Check SallieMae.com/terms/SOSL for undergraduates and SallieMae.com/Gradterms/SOSL for graduates to obtain the most up-to-date information. Additional terms, conditions and limitations apply. Sallie Mae reserves the right to modify or discontinue products, services and benefits at any time without notice. The Sallie Mae web site provides additional details concerning the Smart Option Student loan terms and APR information. Check SallieMae.com to obtain the most up-to-date information.