School Lender List for Saint Vincent College

Saint Vincent College

Before you apply for a Private loan, you should first consider all aid alternatives including grants, scholarships and federal loans (Stafford, PLUS, and Grad PLUS).

The lenders listed on this Web page are frequently used by our Private Loan students. These lenders provide multiple benefits and an efficient application process. Additionally, they disburse funds electronically to Saint Vincent College, which allows us to post funds directly to your account. We provide this list as a guide to you; however, you are free to choose another lender without penalty. If you choose another lender, please inform us as soon as possible. Prior to choosing a lender, we encourage you to review all possible options. If you decide to choose a lender from this list, simply click on the corresponding "Apply Now" button to complete your Private Loan Application.

	Lender		Loan Features		Select

	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: as low as 3-month LIBOR plus 4.15% 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

	PNC Solution Loan 800.762.1001 pnconcampus.com		Variable interest rate as low as LIBOR + 4.00% 0.25% interest rate reduction for automatic payments for as long as payments are automatically deducted Co-signer release option available after 48 consecutive, on-time payments and subject to credit approval Student and/or co-signers may apply online with an option to e-sign Borrow up to the cost of student’s education, less any financial aid received(Continuing Education borrowers may borrow up to $20,000 annually) Defer payments until six months after student graduates or leaves school Favorable repayment terms available, up to 25 years based on the amount borrowed Repayment options: Immediate, Interest-Only and Deferred Repayment Originated through eCourier, ELM NDN, Scholarnet, TG or AES Serviced at AES

	Academic Answer^®by SunTrust 800.552.3006 suntrusteducation.com/ academicanswer		No fees¹ Competitive interest rates starting as low as the 1-month LIBOR + 3.50%, currently 4.16% APR² Graduation Reward- $300 Principal Reduction per loan with proof of graduation 0.25% interest rate reduction for enrolling in automatic payments³ Cosigner release option after 48 on-time payments⁴ Flexible Repayment Options: Immediate, Interest-only, and Deferred repayment while in school Six-month grace period Satisfactory Academic Progress not required Generous repayment terms Immediate credit decisions online Forbearance options available

	Citizens Bank TruFit Student Loan 800.708.6684 citizensbank.com/trufitstudentloan		Rates as low as one-month LIBOR plus 3.00% No fees Choice of repayment (immediate, interest only or deferred) 0.50% interest rate reduction for automating payment from any eligible Citizens Bank account Borrow up to the cost of education less financial aid Students applying with a qualified co-signer may increase their chances of receiving a lower interest rate Co-signer release option available after 36 consecutive, on time payments No prepayment penalty Academic progress not required 24/7 online account management Easy, online application process Instant online credit decision

	CitiAssist Loan 800.967.2400 www.studentloan.com/ schools/stvincent		Benefits: Competitive interest rates 0.25% interest rate reduction when you enroll in auto-debit payment program May be enrolled less than half-time, half-time or full-time No payments while in school or during grace period; subject to maximum limits 6-month grace period after graduation Generous repayment term Credit response in 3 minutes or less when you apply online Easy, secure online applications with e-signature capabilities 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.

	Wells Fargo Collegiate^®Loan 800.658.3567 www.wellsfargo.com/student		Available to undergraduate, graduate and career education students, regardless of minimum credits, enrolled in a degree or certificate program - Satisfactory Academic Progress not required Zero fees - at all stages of the loan 0.50% Interest Rate reduction at graduation 0.25% Interest Rate reduction with auto-debit payments Borrow up to Cost of Attendance minus Financial Aid awarded Co-signer release after first 24 on-time payments - Co-signer may act as agent to initiate the loan application Interest rate as low as Prime + 1.00% (floor rate = 3.25%) Interest is capitalized once at repayment Easy on-line application with most approvals in minutes and e-signature or by telephone Repayment = 15 years No prepayment penalty Repayment begins 6 months after graduation or once borrower ceases to be enrolled


	¹ Effective for applications received on or after 10/15/09. ² 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 0.25% on 2/1/10. 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, and a 4.00% margin. Margins can range from 3.50% to 11.25% (depending on whether you are an undergraduate or graduate student, if the loan is co-signed, and upon your or your cosigner's credit history). ³ 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. ⁴ 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 Saint Vincent College and is believed to be correct as of this posting, but this information is not warranted and is subject to change without notice.