Common Contracts
1 similar Loan Agreement contracts
Alaska Supplemental Education Loan (ASEL) 2017/2018 Application and Promissory Note COSIGNER AGREEMENT PACKETLoan Agreement • May 5th, 2017
Features Loan Maximums • No origination fees• 5.75% (5.48% APR) fixed interest rate• Rates as low as 5.25% in school and 5.00% in repayment with borrower benefits• 0.25% automatic payment interest reduction• No payments due while attending school at least half time• Serviced in Alaska by AlaskansNote: The rates and benefits listed above are variable, meaning that a new benefit package, if any, must be approved by the Alaska Student Loan Corporation each program year. Borrowers who do not maintain a current repayment status may forfeit some or all benefits. The above rates and benefits are for the 2017/2018 academic year. Undergraduate Students:• On-time enrollment - up to $14,000• Full-time enrollment - up to $12,500• Half-time enrollment - up to $7,500Graduate Students:• Full-time enrollment - up to $15,000• Half-time enrollment - up to $7,500Career & Technical Education Programs:• Certificate - up to $10,000• Flight Program - up to $10,000
