private undergraduate loan Program

What is a Private Undergraduate student Loan?

Student Aid Centers realizes how expensive a undergraduate education can be. That's why we've created a specialized loan available only to undergraduate students. With our Easy Undergraduate Private Student Loan you'll have the flexibility you need to manage your college expenses. Spend less time worrying about financing and more time concentrating on your education with our customized program for undergraduate students.

BENEFITS

• Competitive interest rates to get you the money you need for school at the best rate possible
• No hidden fees!   No student loan application fees or other out-of-pocket fees
• Fast approval!   Student Aid Centers can get you preliminary approval for your Easy Undergraduate student loan in just   minutes (when you apply on line or over the phone)
• Convenient, hassle-free application process so you can hit the books rather than be overloaded with a heap of student loan paperwork
• Fast funding!   You can get your student loan funds in as little as two business days (from receipt of a fully complete application)

ELIGIBILITY

• A undergraduate student in a degree or certificate program
• A professional student in a degree or certificate program
• Enrolled in school at least half-time (as determined by your school)
• Attending a Student Aid Center approved school   - our Educated Student Loan Counselors can quickly find out if you're enrolled in an eligible school.   Call them at 1-800-xxx-xxxx.
  

How much can I borrow?

CREDIT GUIDELINES

The cost of this undergraduate student loan might be lower if you are a credit-worthy applicant versus students who are considered credit-ready.   You may also apply for this student loan with a credit-worthy co-signer.  

As a credit-worthy borrower, you or a co-signer must:

• Have been employed for at least two years or
• Have been in business or self-employed for at least two years
• Have proof of current income
• Have shown 21 months of a satisfactory credit history
• Have resided at the current residence for a total of at least one year
• Be a U.S. citizen or permanent resident and has resided in the U.S. for the past 2 years.

As a credit-ready borrower for this Easy Undergraduate Private Student Loan, you must:

• Meet certain credit requirements (even though the program's flexibility does not require an established credit history)
• Be a U.S. citizen or permanent resident who has resided in the U.S. for the past 2 years.

Are you an International Student who would like to apply for the Easy Undergraduate Private Student Loan?   We're here to help!  

International undergraduate students must apply with a qualified co-signer.   Student Aid Center's Educated Student Loan Counselors can provide all the details on student visas and other required documents.   Call them now at 1-800-xxx-xxxx.

REPAYMENT TERMS

Easy Undergraduate Private Student Loan Repayment Terms - we work with you to make repayment of your student loan as easy as possible.   Highlight of our program include:

• Take up to 20 years to repay (up to 25 years for loans of $40,000 or more)*
• Prepayment without penalty
• Keep more money in your wallet with monthly payment as low as $25*

Deferring Principal and Interest Payments During School for your Easy Undergraduate Private Student Loan

Concentrate on your studies and forget about your student loan payments for four years.   While you're in school you are exempt from payments.   After your four year deferment period (or if you dip below half time enrollment), you'll need to start repaying your undergraduate student loan within approximately 180 days after you undergraduate.   We'll combine the interest that accrues during the deferment period and add it to principal when you begin repayment.

Medical students can request additional deferment after graduation for up to 4 years while completing internship or residency with a maximum deferment period of up to 8 1/2 years (including the 6-month grace period).

To see detailed examples of the Easy Undergraduate Private Student Loan repayment options in detail for both credit-worthy and credit-ready student applicants, speak with one our Student Loan Counselors or Apply Online Now and a repayment term sheet can be provided to you.