School Lender List for La Roche College

La Roche College

La Roche College has a recommended lender list that includes lenders we feel provide the best benefits and customer service for our students. However, you are free to choose a lender not represented below. If you choose a lender not listed below, your loan will still be processed in a timely manner.

The following lenders disburse funds electronically to our school. This allows funds to be posted directly to your account. Choose a lender below and select the “Apply Now” option to complete your Alternative Loan Application.

	Lender		Loan Features		Select

	Academic Answer^®Loan from SunTrust 800.552.3006 suntrusteducation.com/ academicanswer		Competitive interest rates starting as low as 1-month LIBOR Index + 2.50%, currently 5.5875% APR¹ No origination fees - repayment fees may apply based on your or your cosigner's credit history. Satisfactory Academic Progress not required; Enrollment in degree or certificate program not required; at least half-time attendance required International students may apply with qualified US cosigner Borrow up to the total Cost of Attendance, minus other aid received up to an aggregate of $225,000 (includes both undergraduate and graduate loan limits) Minimum loan amount is $1,001 Interest is capitalized once only while the loan is in deferment Flexible repayment options allows to choose between immediate repayment, deferring principal repayment, or deferring principal and interest repayment Six-month grace period after graduating or dropping below half-time enrollment Generous repayment terms 0.25% interest rate reduction for enrolling in automatic payments² Graduation Reward- $300 Principal Reduction per loan with proof of graduation May apply for cosigner release after making 48 consecutive on-time payments³ Combined billing offered with any AES-serviced Stafford or Consolidation Loan Forbearance options available after graduating or leaving school No prepayment penalty Secure on-line interactive application available with e-sign available

	Chase Select^sm 866.306.0868 www.ChaseSelectLoans.com		Available to undergraduate and graduate students enrolled full-time, half-time, or less than half-time - use if you are registered less than half-time; loan does not go into immediate repayment - use for prior school balances within the previous 12 months; no enrollment requirement - satisfactory Academic Progress is not required - No fees! This is a zero fee loan for all borrowers Interest rates: - with a cosigner - as low as Prime minus 1% - without a cosigner - as low as Prime minus 0.5% - 0.25% interest rate reduction if payments are made directly from a bank account - interest is capitalized once at repayment Application: -easy on-line application with approval in minutes and e-signature or by telephone unique method of assessing risk provides high approval rates and low interest rates - no debt-to-income ratio or income requirements, so no income or employment verification Repayment: - begins six months after graduation or once the borrower ceases to be enrolled - no prepayment penalty - repayment period up to 25 years - forbearance options available in repayment Cosigner release option after 36 consecutive monthly on-time payments any time after repayment begins Minimum amount = $500 Aggregate maximum for undergraduate = $120,000, for graduate = $180,000

	CitiAssist Loan 800.967.2400 www.studentloan.com		Benefits: Interest rates as low as Prime minus 0.50% to Prime plus 4.75% Fees as low as 0.0% May be enrolled less than half time, half time or full time Satisfactory academic progress not required Matriculation not required Loans can be used for balances incurred within the last 12 months .25% Interest rate reduction for auto-debit payments .50% Interest rate reduction when you make the first 48 on-time consecutive payments Co-signer release available after 24 on-time payments Master Promissory Note and electronic signature available Credit response in 3 minutes or less Flexible credit evaluation guidelines Services: Citibank’s Customer Service Representatives are available by phone, Monday through Friday 8 a.m. to 11 p.m. ET, at (800) 967-2400. Email Citibank Customer Service at student.loans@citi.com.

	Edamerica XtraCredit Loan 800.337.6884 www.edamerica.net/xtracredit		Enrolled at least half-time Automatic principal and interest deferment while in school. Up to 4 years additional defer for medical internship or residency. Repayment terms up to 25 years depending on amount borrowed Deferment options up to 4 years additional deferment for medical internships & residencies LIBOR + 5.5% to LIBOR + 7.25% Fees between 4% to 7% based on credit score Co-signer not required but recommended. - Borrower must have min score of 680 to be approved with/without co-signer

	PNC Bank Resource Loan 800.851.2892 www.pnconcampus.com		0 fees available 0.25% interest rate reduction for auto debit from ANY bank Co-signer release option available after making initial 48 payments on-line Life of loan servicing (combined with federal loans) Easy on-line application E-signature available Can be used for past due balances International students are eligible SAP not required

	Sallie Mae Signature Loan 888.272.5543 www.salliemae.com		One eligible individual: interest rate is based on one-month LIBOR + 4.5% to one-month LIBOR + 12.75%; Two eligible individuals: interest rate is based on one-month LIBOR + 4.5% to one-month LIBOR + 11.75% Zero disbursement and repayment fees--save money up front and over the long term 0.50 percentage point interest rate reduction for automatic debit No minimum income requirement and no payments required while in school and during 6-month grace period Applying with a creditworthy cosigner may help applicants qualify Cosigner release option available after the first 24 consecutive on-time payments of principal and interest *Check current APRs and learn about these benefits at www.salliemae.com/signaturerateterms


	¹ LIBOR stands for London Interbank Offered Rate. The one-month LIBOR is the Current Index, as published in the "Money Rates" section of the Wall Street Journal (Eastern Edition). Your variable interest rate and Annual Percentage Rate (APR) may be higher depending upon your credit history and will increase or decrease if the one-month LIBOR index changes. Your variable interest rate is calculated by adding the current one-month LIBOR index (captured on the 25th day of each month, or the next business day thereafter, of the month immediately preceding such calendar month and rounded up to the nearest 1/8th of one percent) to your margin. The current one-month LIBOR index was 3.25% on 11/1/08. This APR example assumes a $10,000 undergraduate, cosigned, loan disbursed over two transactions with a deferment period of 45 months upon initial disbursement and a six month grace period upon graduation, a 25 year repayment term with no repayment finance charge, and a 2.50% margin. Margins can range from 2% to 8% (depending whether you are an undergraduate or graduate, if the loan is co-signed and upon your or your cosigner's credit history) and repayment finance charges can range from 0% to 5.5% (depending upon your or your cosigner's credit history). ² The 0.25% rate reduction is available to borrowers who arrange with their servicer to automatically deduct monthly payments from their personal bank account. Savings programs are effective for all loans disbursed on or after October 13, 2006. ³ The cosigner can be released from liability after the first 48 initial, consecutive principal and interest payments are made on time. Borrowers must meet credit guidelines at the time the cosigner release is requested. Check with the lender for details and conditions regarding eligibility for special benefits or incentives. The information on this Web page was gathered on behalf of the Financial Aid Office at La Roche College and is believed to be correct as of this posting, but this information is not warranted and is subject to change without notice.