Supplemental Loan Lenders - Undergraduate Students
| Lender Contact Information |
U.S. Bank
1-800-233-7824
www.usbank.com/studentloans |
| Loans Available |
|
| Interest Rate |
-
Gap – 4.21% in school – 5.21% in repayment
-
No Fee – 5.25% to 9.20% depending upon credit
-
Gap - 91 Day T-Bill + 2.50% in-school -- T-Bill - 3.50% in repayment
-
No Fee - Prime rate + 0% to 3.95% depending upon credit |
| Loan Fees |
|
| Loan Amounts |
- Annual: $1,000 up to cost of attendance less other aid
- Aggregate: $120,000
|
| Repayment Period |
- Payments begin six months after graduation
- Up to 15 years to repay
|
| Additional Eligibility Requirements |
- Most undergraduate students will need a cosigner; cosigner must be a U.S. citizen/permanent resident with a U.S. address
|
| Borrower Benefits/Loan Facts |
- 0.50% interest rate reduction for automated payments
- Loans available for some International Students with an eligible co-signer. Please contact lender for details
- Cosigner release available after 36 on-time payments upon borrower credit check
- Covers current and past-due balances up to 6 months
|
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