A Chase Select loan is a credit-based private student loan that must be
certified by your school's financial aid office.* Your school may require you to
complete the Free Application for Federal Student Aid (FAFSA) to determine your
loan eligibility. You can add a cosigner to the loan, which may help you get
approved for the loan and qualify for a lower interest rate.
Benefits of a Chase Select Private Student Loan include:
No payments required while in school
No origination or repayment fees
Loans from $500
up to your cost of attendance (minus other aid) each year
Funds are sent directly to the school
A Chase Select Private Student Loan can cover:
Tuition
Living expenses
Books
A computer
*Important Information: 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 Select
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 Select loans are subject to credit approval, receipt of a
completed and signed Application/Promissory Note, verification of application
information and school certification of student's enrollment at a participating
school.
Chase services its Chase Select loans and does not sell them to
another lender.
Maximum annual loans up to cost of attendance, minus other aid. Aggregate maximum of $120,000 for undergraduate students, $180,000 for graduate students and $250,000 for health education students.
This information was current as of 07/31/2009 and is subject to change. Contact Chase for the most up-to-date terms.
