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NEC Calendar of Events
Student Financial Services
New England College
 

 

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

 

www.ChaseSelectLoans.com

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.)