Student Loan International

UNDERGRADUATE STAFFORD LOAN

GRADUATE STAFFORD LOAN

GRADUATE PLUS LOAN

PLUS LOAN

	Loan Details
	Eligibility
	How To Apply

LOAN DETAILS

LOAN AMOUNT
Borrowers may borrow up to the full cost of attendance at the college or university, less other aid received.

RATES
Effective July 1, 2007, the PLUS loan program now has a Fixed Interest Rate of 8.5%.

FEES
An Origination Fee of 3% of the principal amount borrowed will be deducted from the loan upon disbursement.

REPAYMENT/DEFERMENT
Applicant has up to 10 years to repay the loan in standard repayment; generally repayment must begin within 60 days after the final loan disbursement for the academic year. There is no grace period for these loans. This means that interest begins to accumulate at the time the first disbursement is made. Parents must begin repaying both principal and interest while the student is in school. Various deferment and forbearance options available. Please contact Student Loan International for more details.

BORROWER BENEFITS

Money Up-Front	PLUS borrowers receive a 3% principal reduction^* after full disbursement

Rate Reduction	PLUS borrowers receive a .25% interest rate reduction when they sign up for auto-debit of their loan payments.

^* Disclosures