PRIVATE/ALTERNATIVE
LENDER LIST
Loan Program CitiAssist Loan Signature Loan Collegiate Loan
Loan Servicer CitiBank Salliemae Education Trust Wells
Phone 1-800-967-2400 1-800-695-3317 1-800-658-3567
WebSite www.studentloan.com/schools/calarts www.salliemae.com www.wellsfargo.com/student
Borrower Student and/or credit Student and/or credit Student and/or credit
worthy cosigner. worthy cosigner worthy cosigner
Eligibility of *Borrower enrolled full-time *Undergrad and grad *Creditworthy borrower
Borrower or half-time or less students or co-signer
Cosigner *
resident borrowers must be students enrolled in a resident
creditworthy or provide a degree program
creditworthy
permanent resident co-signer students with no credit or an
*Positive credit history insufficient credit history are
required to apply with a
creditworthy
or Non-Citizen Permanent Resident
Annual Limits Maximum: Cost of attendance Maximum: Cost of attendance Maximum: Cost of attendance
minus aid received minus aid received minus aid received
Minimum: $1,000 Minimum: $500 Minimum: $1,000
Aggregate Limit Undergraduate: $120,000 Undergraduate: $100,000 Undergraduate: $120,000
(of all combined Graduate: $150,000 Graduate: $150,000 Graduate: $150,000
educational debt)
Interest Rate Variable, as low as Monthly variable range As low as Prime + 0%
Prime minus ..50% LIBOR + 2.5% to Up to Prime + 5.99%
LIBOR + 9.5% (depending
on credit)
Loan Fees As low as 0% to 5% Zero Zero
Repayment Period up to 20 years up to 30 years up to 15 years
Grace Period 6 months 6 months 6 months
Discounts *0.50% interest rate reduction *0.50% interest rate reduction *0.50% interest rate reduction
And Benefits for borrowers who make their for auto debit upon verification of graduation.
first 48 consecutive monthly *Co-borrowers may be released *0.25% interest rate reduction
payments on time. after 24 on-time monthly for auto debit
*0.25% interest rate reduction payments of principal and
with Citibank E-Z pay for interest. The borrower must
borrowers who use auto- meet applicable credit
debit and receive requirements at that time
their statements only electron- *Convenient 24-hour-a-day
ically account access through “Manage
*Cosigner release option Your Loans”
available *Combined monthly statement for
*Internet
Online services SallieMae borrowers with
available, ability to complete Grad PLUS and Signature Loans
and sign a loan application online,
make payments, service your
account online
Interest Capitalized At repayment At repayment At repayment
Loan Program Access Group Private Loan Wachovia Educational Loan
Loan Servicer AES Wachovia
Phone 1-866-930-1543 1-877-689-0763
WebSite www.accessgroup.org www.wachovia.com/education
Borrower Student and/or credit Student and/or credit
worthy cosigner. worthy cosigner
Eligibility of *Undergraduate or graduate *Enrolled at least half-time
Borrower or *At least 18 years of age *U.S. Citizen or permanent
Cosigner *
resident enrolled in a degree *Meet credit requirements
or certificate program
*Enrollment can be full time
or half time
*Making Satisfactory Academic
progress
*Other underwriting criteria
Annual Limits Maximum: Cost of attendance Maximum: Cost of attendance
minus aid received minus aid received
Minimum: $500 Minimum: $500
Aggregate Limit Undergraduate: $250,000 Undergraduate: $130,000
(of all combined Graduate: $250,000 Graduate: $130.,000
educational debt)
Interest Rate As low as Prime minus 0.50% As low as Prime minus .50%
As high as Prime + 7.9%
Loan Fees Ranges from 0% to 9% NONE
Repayment Period refer to website up to 25 years
Grace Period 12 months after graduation 6 months
6 months after dropping
below half-time enrollment
Discounts *0.50% interest rate reduction *0.50% interest rate reduction
And Benefits for auto-debit for auto-debit
*050% interest rate reduction *Co-borrower release after
after 48 consecutive, on-time 36 consecutive, on-time
payments payments
*Co-borrower release after 30
consecutive, on-time payments
Interest At repayment At repayment .
Capitalized