| Lender |
Code |
Key Features — Federal PLUS Loan for Graduate and Professional Students |
|
824135 |
- 3.00% interest credit after the loan enters repayment, applied 210 days after PLUS loan is fully disbursed
- 0.25% interest rate reduction for payments electronically paid from a personal bank account.
- 3.33% reduction of original principal loan balance after making 30 initial on-time payments when the borrower is signed up for electronic statements.
|
Wachovia Education Finance
1-800-338-2243
www.wachovia.com |
830005 |
- An immediate reduced fixed interest rate of 7.90%
- A rebate equal to 3.00% of your loan amount, applied six months after disbursement
|
|
|
808851 |
- 1% interest rate reduction at repayment after making your first payment on time
- One-time rehabilitation option after 12 consecutive montly payments on tme for borrowers with a late payment
- 0.25% interest rate reduction for borrowers woh authorize automatic monthly payments
|
Wells Fargo
1-800-658-3567
www.wellsfargo.com/student |
807176 |
- 0% default fee
- Reduce your interest rate to as low as 6.75%
- 0.50% immediate interest rate reduction at first disbursement
- 1.50% immediate interest rate reduction at repayment (0.50% interest rate reduction at disbursement increases to 1.50% at repayment)
- 0.25% interest rate reduction when Wells Fargo automatically withdraws payments from a checking or savings account
- Last six months free — Wells Fargo will waive the last six months of regularly scheduled payments on the loan if all previous payments were made on-time
- Benefit Recovery — We give you the opportunity to earn back the on-time interest rate reduction if it’s lost due to a late payment.
- Wells Fargo offers life-of-loan servicing – one point of contact from application through final payment.
|
|
826878 |
- Save up to 6.00% on your principal loan balance with Citibank’s zero payments your last 6 months when all payments are made on time
- Automatic 1.00% interest rate reduction at repayment
- Additional 0.50% interest rate reduction when you sign up for E-Z Pay auto debit and receive electronic statements only
- New! Benefit Recovery Feature: Unlimited chances to earn back your automatic interest rate reduction if lost as a result of late payments
- Life-of-loan servicing
|
|
823584 |
- 3.00% principal reduction after full disbursement
- 0.25% interest rate reduction with automatic debit
|
|
831846 |
- 0% federal default fee.
- 0.25% interest rate reduction for borrowers who have their loan payments made with automatic debit.
- 1.00% outstanding principal balance reduction after making 12 consecutive on-time payments.
- 1.00% outstanding principal balance reduction after making 24 consecutive on-time payments.
- 1.00% outstanding principal balance reduction after making 36 consecutive on-time payments.
- Missing a payment during one of the twelve-month periods does not disqualify borrower from receiving future benefit(s).
- Payments up to 15 days late are still considered on time.
|
|
833864 |
- 0.25% interest rate reduction upon entering repayment
- 1.75% interest rate reduction upon signing up for ACH
- No minimum number of on-time payments required
- 3.00% principal rebate of amount disbursed
|
|
831453 |
- Zero default fee
- 1.50% interest rate reduction at disbursement.
- 0.50% Quick Pay interest rate reduction
- Benefit repair option after 24 months of on-time payments
- 20.5% or more savings in total loan costs
- Combine billing with Edamerica Stafford Loan
- Life-of-loan servicing; your loan will not be sold
|
