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Private Student Loans
Chase Private Student Loans (also known as alternative student loans) can help for all of your education needs—from undergraduate through graduate/professional school. Chase Private Student Loans can provide critical assistance when federal loans, grants and scholarships are not enough for the full cost of your higher education. Plus it can help pay for school expenses not covered by other forms of financial aid.
Our resources section will lay it all out in plain English. We have all the resources you'll need, from private student loan repayment examples to cosigner benefits and FAQs.
1. $40,000 annual limit for Undergraduate/Career Education and Graduate/Professional student loans based on cost of attendance at the school and borrower's credit ability. Chase offers convenient education financing with flexible loan amounts from $1,000 to $40,000 with an aggregate maximum of $150,000.
2. Subject to verification of application information.
3. You may need a co-signer since this is a credit-based loan.
4. Interest continues to accrue during deferment and will be added to the principal balance of your loan upon entering repayment.
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A co-signer may help you get lower interest rate on your Chase Private Student Loan.
As students determine the best way to finance their education, they should consider the full range of student financial aid options available. Private loans, like the Chase Private Student Loan, can be used when federal loans, grants and other forms of financial aid are not sufficient to cover the full cost of education.
Chase services its Private Student Loans and does not sell them to another lender. Chase Private Student Loans are subject to credit approval, receipt of a completed and signed Application/Promissory Note, verification of application information and verification of student’s enrollment at a participating school. $40,000 annual maximum is based on your creditworthiness and the cost of attendance at school. $150,000 cumulative Chase private loan limit.
This information was current as 06/19/2008.
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