College Loan Borrower Benefits

You may be eligible for a 0.25% interest rate reduction for direct debit. You can also prepay on the loan penalty-free at any time. Please see below for important details about borrower benefits.

  • Defer payments while in school and for a six-month grace period after graduation
  • Lower your interest rate by 0.25% when you choose to have your payments automatically deducted from your personal bank account
  • Annual Maximum is 100% of your Cost of Attendance minus other aid, based on school certification