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					Edamerica Student Loans
   Compare Federal Stafford Loan, Federal Graduate PLUS and Xtra Credit Private Loan
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                                     Federal
                                        dera                                         Federal Graduate
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                                                                                       dera Graduate
                                                                                                                                          Xtr Cre
                                                                                                                                          Xtra Credit
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                                  Staf ord Loans
                                  Stafford Loans                                       PLUS Loans
                                                                                       PLUS Loans
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                                                                                                                                            ivat Loan
                                                                                                                                          Private Loan
  Origination Fee                           0%                                       3% (required by Dept. of Ed)                                  0%

   Guarantor Fee                            0%                                                     0%                                              0%

                                                                           • Fixed at 7.25%, immediately at
   Interest Rate                     Fixed at 6.8%                           disbursement, with rates as low as                           Prime - 0.5% to
                                                                             6.75% with Quick Pay*                                          Prime + 4%
                                                                           • Federal rate is fixed at 8.5%

  Annual Loan Limit                $18,500, of which                                    Cost of attendance                              Cost of attendance
                            up to $8,500 may be subsidized                            less other financial aid                        less other financial aid

Aggregate Loan Limit                    $138,500                                                 None                                             None


   Grace Period                         6 months                                      Available upon request                                      None

                        • Automatic standard repayment up                  • Automatic standard repayment up to
                            to 10 years                                        10 years
Standard Repayment      • Other flexible repayment options                 • Other flexible repayment options                              Repayment up
       Term                 available, including extended                      available, including extended                                to 20 years
                            repayment for borrowers with                       repayment for borrowers with
                            balances over $30,000                              balances over $30,000

                        • 1% interest rate reduction                       • 1.25% interest rate reduction at
                            at graduation                                      disbursement
                        •   0.25% interest rate reduction for              •   0.50% Quick Pay interest rate
                                                                                                                                   • 0% fees
                            auto debit                                         reduction
                                                                                                                                   • No pre-payment penalty
Incentives/Benefits**   •   1% rebate after the first 12 on-               •   Benefit repair option available after
                            time payments                                      24 months of on-time payments                       • Credit check only (no
                        •   1% rebate after the next 12 on-                                                                           employment verification)
                                                                           •   Automatic in-school deferment
                            time payments                                      while enrolled at least half time
                        •   Benefit repair option available                •   Combined billing with Federal
                            after 24 months of on-time                         Stafford Loan when both are
                            payments                                           borrowed with Edamerica
                        •   Combined billing with Federal                  •   Consolidation available
                            GradPLUS Loan when both are                    •   Life-of-loan servicing
                            borrowed with Edamerica
                        •   Consolidation available
                        •   Life-of-loan servicing

                        *Edamerica GradPLUS borrowers receive an immediate 1.25% interest rate reduction that is maintained with continuous on-time payments. Additional
                        0.50% interest rate reduction effective when borrower makes automated payments (e.g., auto-debit, online) and has a valid e-mail address on file.
                        **Benefits and incentives subject to change. Please contact lender for details.




                                          800.337.1009 • www.edamerica.net • Lender Code: 831453