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Student Loan Network
Private Student Loan



Cost Index
97-183

What is the Cost Index?

Student Loan Description

Fill the gap between federal aid and the true cost of an education. Our private loan can be used to cover additional educational expenses including tuition, books, room and board, and supplies. Other benefits:

* Funds sent directly to the applicant, approval decision within minutes

Borrowers can also release their co-signer after 48 on-time payments. Apply online today and let our dedicated team of loan counselors guide you through the entire process, step by step.

Student Loan Overview

TypePrivate
As Low AsUp To
Cost Index97183
Amount Received$10,000
Change Amount
Interest Rate3.02%
1-Month LIBOR +
2.5%
9.77%
1-Month LIBOR +
9.25%

Payment Details

As Low AsUp To
In-School / Grace Interest Payments
Monthly Payment$108$204
# of Payments118117
Final Payment$39$186
Total Paid$12,784$24,020

Borrower Benefits

Cash Back at Graduation ($)
Upon graduating, you receive a reduction of $300 of your principal
Auto-Debit
Interest Rate Reduction of 0.25%


Additional Information

Minimum Payment$0
As Low AsUp To
Repayment Fee0%6.5%
Application Fee
Origination Fee
Federal Default Fee
In-school Period52 months
Change
Grace Period6 months
Pay Interest During In-School and Grace PeriodsNo
Change
SubsidizedNo
Change
Interest Capitalizes before repaymentAt repayment
24/7 Application ProcessingYes
Benefits Lost if Loan SoldNo
Co-signer RequiredSometimes
Online ApplicationYes
Benefit Recovery ClauseNo