Return to Loans
| Chase Select Loan | CitiAssist Loan | Sallie Mae Signature Loan | Wells Fargo Collegiate Loan | |
|---|---|---|---|---|
| Loan Servicer | Chase | Citibank | Sallie Mae | Wells Fargo |
| Phone Number | (866) 306-0868 | (800) 967-2400 | (800) 695-3317 | (800) 658-3567 |
| Applications and Information | Apply and sign online at chaseselectloans.com | Apply and sign online at citiassist.com | Apply and sign online at salliemae.com/signature |
Apply and sign online at wellsfargo.com/student |
| Borrower | Student, usually with a creditworthy co-signer | Student, usually with a creditworthy co-signer | Student, usually with a creditworthy co-signer | Student, usually with a creditworthy co-signer |
| Eligibility of Borrower/ Co-signer |
- U.S. citizen or permanent resident - At least 18 years of age - Positive credit history - International students may apply with an eligible U.S. citizen or permanent resident co-signer - Enrolled part-time, half-time or full-time |
- U.S. Citizen or permanent resident
- At least 18 years of age - Positive credit history - International students may apply with an eligible U.S. citizen or permanent resident co-signer - Enrolled part-time, half-time or full-time |
- U.S. citizen or permanent resident - At least 18 years of age - Positive credit history - International students may apply with an eligible U.S. citizen or permanent resident co-signer - Enrolled at least half-time |
- U.S. citizen or permanent resident - At least 18 years of age - Positive credit history - International students may apply with an eligible U.S. citizen or permanent resident co-signer - Enrolled part-time, half-time, or full-time |
| Annual Limits: Maximum Minimum |
Cost of Attendance less financial aid $500 |
Cost of Attendance less financial aid None |
Cost of Attendance less financial aid $500 |
Cost of Attendance less financial aid $1,000 |
| Aggregate Limit | Undergraduate: $120,000 Graduate: $180,000 |
Undergraduate: $120,000 Graduate: $150,000 |
Undergraduate: $100,000 Graduate: $150,000 |
Undergraduate: $120,000 Graduate: $120,000 |
| Interest Rates (variable unless stated otherwise) | Interest rates range from Prime minus 1.00% to Prime plus 6.00%, depending on credit of borrower and/or co-signer. | Interest rates range from Prime minus 0.50% to Prime plus 5.00%, depending on credit of borrower and/or co-signer. | Interest rates range from LIBOR plus 2.50% to LIBOR plus 8.00%, depending on credit of borrower and/or co-signer. | Interest rates range from Prime plus 0.00% to Prime plus 5.99%, depending on credit of borrower and/or co-signer. |
| Loan Fees | None | None | None | None |
| Grace Period | 6 months after graduation or leaving school | 6 months after graduation or leaving school | 6 months after graduation or leaving school | 6 months after graduation or leaving school |
| Repayment Period | 20 to 25 years, based on amount borrowed | Up to 20 years, based on amount borrowed | 15 to 30 years, based on amount borrowed | 15 years |
| Borrower Benefits | - Instant credit decision - 0.25% rate reduction with automatic payments from a bank account - 0.25% rate reduction if immediate or interest-only repayment option chosen while attending school - Co-signer release available after first 36 on-time payments - Deferment available for graduate school - Up to 12 months of forbearance available - Loans available for past due balances incurred within the last 12 months |
- Instant credit decision - 0.25% rate reduction with automatic payments from a bank account - 0.50% rate reduction if first 48 payments are on time - Co-signer release available after first 24 on-time payments - Deferment available for graduate school - Up to 24 months of forbearance available - Loans available for past due balances incurred within the last 12 months |
- Instant credit decision - 0.50% rate reduction with automatic payments from a bank account - Co-signer release available after first 24 on-time payments - Deferment available for graduate school - Up to 24 months of forbearance available -Loans available for past due balances incurred within the last 12 months if currently enrolled - Upromise Loan Link - pay down Signature loan through Upromise account |
- Instant credit decision - 0.25% rate reduction with automatic payments from a bank account - 0.50% rate reduction upon verification of graduation - Co-signer release available after first 24 on-time payments - Deferment available for graduate school - Up to 12 months of forbearance available -Loans available for past due balances incurred within the last 12 months |
Return to Loans