International Education Finance Corp
US STUDENTS CANADIAN STUDENTS INTERNATIONAL STUDENTS
RESOURCES
Prime Interest Rates
 
 
  U.S. - Study Abroad
Get the money you need for college expenses

When you need help with college expenses...

IEFC welcomes a new program offered through Chase that provides up to the Cost of Attendance for a semester or academic year to cover all of your education related expenses while in a study abroad program. Interest Rates as low as Prime +0.5% (depending upon your co-signer you may pay higher interest and fees).

We make getting your money fast and easy - and make no payments until after graduation!

Apply Now!

There are no complicated forms or lengthy interviews. Best of all, this is a credit-based loan so your request will not be denied for making too much money or having other financial aid. Simply apply online or call us at the toll free number 866-761-4680.

Apply Now for a Chase Private Student Loan*.

Check Status

If you already have a private education loan account with Chase, you can log in to check the status of your loan, make changes to your account, or complete a previously started application.

Log In to your account.

Product Overview

Loan amount up $150,000 aggregate maximum
Processing Time preliminary approval in minutes on the phone or Web
Repayments Begin 6 months after graduation with most repayment options
Interest may be tax-deductible1
Web Application apply quickly and easily online

View repayment examples.

No payments until after graduation

Get the money you need now... and choose a repayment term that doesn't begin until after graduation (see repayment examples)! Apply today to take advantage of our competitive interest rates.

Remember, you can use the Chase Private Education Loan for an qualified education-related expenses including

  • tuition
  • living expenses
  • books
  • computer equipment for college
  • even past-due tuition bills

It's up to you. But don't wait to apply, take care of your college expenses now!

Repayment Examples

Chase knows that repayment terms need to be flexible depending upon the student and the situation. With three different repayment options for undergraduate students, Chase has ensured that repayment of the undergraduate loan will be easy for all borrowers.

Undergraduate Option 1
Deferred Principal and Interest Repayment

Make no payments for up to four years while continuously enrolled in school (5 years if enrolled in 5-year degree program). Repayment of principal and interest then begins within 180 days after graduation or withdrawal from school.

DEFERRED PRINCIPAL AND INTEREST
Amount Requested $10,000.00
Origination Fee 0.0%
Principal Amount of Loan $10,000.00
Interest Rate 5.50%
Term 240 months
Fund Date 07/01/2008
Deferment 48 months
Grace 6 months
Total Deferment 54 months
First payment date 2/7/2013

REPAYMENT TERMS
239 payments $85.91
1 payment $86.78
APR during Deferment Period 5.04% APR during Repayment Period 5.50%

Undergraduate Option 2
IMMEDIATE INTEREST ONLY

Pay only interest for up to four years while continuously enrolled in school (5 years if enrolled in 5-year degree program). Repayment of principal and interest then begins within 45 days after graduation or withdrawal from school.

IMMEDIATE INTEREST ONLY
Amount Requested $10,000.00
Origination Fee 0.00%
Principal Amount of Loan $10,000.00
Interest Rate 5.50%
Term 240 months
Fund Date 7/1/2008
First payment date, interest only 8/7/2008
Deferment 48 months
Grace 6 months
Total Deferment 54 months
First payment date 2/7/2013

REPAYMENT TERMS
54 payments $45.96
185 payments $80.10
1 payment $61.36
APR 5.50%

Undergraduate Option 3
Immediate Repayment of Principal and Interest

Pay principal and interest in a fixed monthly amount beginning within approximately 45 days after funds are disbursed.

IMMEDIATE REPYAMENT OF PRINCIPAL AND INTEREST
Amount Requested $10,000.00
Origination Fee 0.00%
Principal Amount of Loan $10,000.00
Interest Rate 5.50%
Term 240 months
Fund Date 7/1/2008
First payment date 8/7/2008

REPAYMENT TERMS
239 payments $68.86
1 payment $67.46
APR 5.50%

 

 

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