Chase Private Student Loans

Repayment Example: Immediate Interest Only

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

Undergraduate loan, well-qualified student only:
Amount requested:	$10,000.00
Origination fee:	0.00%
Principal Amount of Loan:	$10,000.00
Interest Rate:	8.50%
Term:	240 months
Fund date:	1/1/2009
First payment date,interest only:	2/7/2009
Deferment:	48 months
Grace:	6 months
Total Deferment:	54 months
First payment date, principal + interest:	8/7/2013

Repayment Terms
53 payments:	$70.92
186 payments:	$96.77
1 payment:	$91.57
APR:	8.50%

These are examples of current program offerings based on student-only borrowers with excellent credit attending a four-year school and are subject to change. The interest rates used above are based on the Prime Rate. The current index is 4.0%, based on the value of the Prime Rate from the first business day of December of 2008. The interest rate and payments are variable and adjusted quarterly. The interest rate and APR will increase or decrease during the life of the loan if the Prime Rate Index increases or decreases. Using a qualified cosigner may reduce the interest rate by 0.50% from the rates above.

The margins can vary from 4.5% to 12.5% and the origination fees can vary from 0.0% to 4.99%, based on school type and borrower and cosigner (if applicable) creditworthiness.

This information was current as of 1/1/2009 and is subject to change. Please contact Chase for most up-to-date product terms.