Wachovia Education Loan
Apply Now URL: wachovia.com/welapp
Benefits:
0.50% interest rate reduction for auto debit
Interest rates as low as Prime minus 0.50%
Services:
Zero fees for all borrowers
Fast online approval
Cover past due-balances up to three years old
No payments required while in school
Borrow up to the total cost of education less other aid received
Take up to 20 years to repay
Satisfactory Academic Progress not required
No aggregate limit for most students
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Chase Select Private Loan
866-306-0868
Lender Code: 503000
Benefits
0% origination and repayment fees
Rates as low as Prime minus 0.5% with a cosigner, Prime + 0% without a cosigner
0.25% interest rate reduction for automatically debited payments
See web site or call for important terms and conditions
Services
Can be used to cover past due balances
Online pre-approval and application, including e-signature
Loans are originated and serviced internally by Chase
All Chase-serviced loans, including private loans, are combined into a single bill
Choice of repayment options
Cosigner release option
Loans are not sold
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Education Finance Partners Private Loan
www.educationfinancepartners.com/nec
(800) 226-0740
Benefits and Services:
Variable APR as low as 5.11%
Fees as low as 0%
No payment option while in school
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Lenders are not listed in any preference order. New England College will process private loans from any participating educational loan lender. NEC encourages all students to research lending terms to ensure you receive the very best rates and service. Please make sure to compare borrower benefits ranging from origination and default fees that can reduce the initial cost of the loan as well as benefits that can save money during repayment (automatic rate reductions, auto-debit interest rate reductions or other benefits.)
