|
Borrowers who select Student Loan Funding (lender code 831455) as their Grad PLUS loan lender receive these valuable benefits+:
1. 0% default fee
2. 0.70 percentage point interest rate reduction for automatic debit
3.1% loan credit after first 12 on-time payments
Upromise Loan LinkSM can help pay down student loan balance. Learn more.
* Benefits are available on loans first disbursed 2/1/08–6/30/09 to students attending not-for-profit public and private graduate and professional schools and serviced by Sallie Mae throughout repayment. Terms and conditions apply. The 1% federal default fee will be paid on the borrower’s behalf on Grad PLUS Loans guaranteed by USA Funds or NELA 2/1/08–6/30/09. A 0.70 percentage point interest rate reduction for paying by automatic debit is available during active repayment for as long as the borrower’s monthly payment is successfully deducted from his/her bank account. To qualify for the one percent loan credit, the borrower must sign up on Manage Your LoansSM, before the first payment due date, to receive account information by e-mail and make the first 12 payments by the due dates as initially scheduled.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.
|
