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 Federal Grad PLUS Loan Master Promissory Note (MPN).
0.25% interest rate reduction for borrowers who elect to have their monthly payments automatically deducted from a bank account
Repayment is automatically deferred while student is enrolled in school
The Grad PLUS Second Pass process enables Chase to perform additional reviews of Grad PLUS Pre-Approval credit denials in an automated fashion
Easy online application with e-signature
No debt-to-income limitations
Life-of-loan servicing through AES for your PLUS loan
Loan is forgiven in the event of disability or death.
Chase is a leader in education finance, with more than 40 years of experience serving students. Chase offers dedicated support, premier customer service, and unparalleled technology for borrowers nationwide. Long recognized as an industry leader in education finance, Chase remains committed to providing the best products, value and service to our customers.
Effective July 1, 2008 for academic year 2008-2009:
Grad PLUS loans originated by Citizens Bank will be eligible to receive a 0.25 percentage point interest rate reduction by making payments using automatic debit. Repayment benefits are based on disbursement date.
Payments deferred while student is enrolled at least 1/2 time in a degree seeking program.
7.65% Fixed Interest Rate at disbursement, during forbearance or deferment, and throughout repayment.
1 Savings programs effective for Graduate PLUS loans first disbursed on or after 7/1/08. An origination fee of 3% and a default fee of 1% will be calculated based on, and deducted from, each disbursement. Borrowers must make all payments as scheduled and maintain enrollment in automatic debit to keep the rate reduction in effect.
2 Interest will accrue during any period of deferment and will be capitalized (added to the loan balance) at the time of repayment. Borrowers must meet certain eligibility requirements in order to request deferment.
Brochures containing additional information on lenders are available in the Student Financial Aid Office.
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.
