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Friday, October 23, 2009

U.S. Bank Bar Review Education Loan

Designed for graduates of ABA (American Bar Association) approved law schools, this loan helps you support yourself while you are studying for and taking the Bar Exam.

Loan Details:

* Must be a graduate of an ABA approved law school.
* Reserve fees of 4% or 9% of the loan amount will be assessed depending upon credit history.5
* Repayment term up to 15 years.5
* Affordable repayment options, no payment required until six months after graduation.

Loan Limits:

* Minimum loan amount is $1,000.
* Maximum loan amount is $12,000.
* Aggregate Borrowing Limits:
o $50,000 in U.S. Bank Private Student Loans
o $120,000 from all student loan programs (which includes federal)

Interest Rate:

* Interest rate of Prime + 0%, variable over the life of the loan.2

Cosigners:

* With the help of a qualified cosigner, you may more easily qualify for a loan.
* Cosigner release options are available.

Repayment Discount:

* Use our convenient AutoPay option and receive a .20% interest rate reduction

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