Edsouth is commited to making college more attainable for all students. We accomplish that mission by rewarding our most responsible customers and reducing several of the costs associated with financing an education. Edsouth is proud to extend the following benefits to our borrowers:
Summary of Borrower Benefits (through 12/31/2007)
|
|
Stafford* |
PLUS |
Grad PLUS |
Consolidation |
|
Origination Fee Waiver |
1.5% |
n/a |
n/a |
n/a |
|
Default Fee Waiver |
1.0% |
n/a |
n/a |
n/a |
|
Interest Rate Reduction for
Auto-debit |
0.25% |
0.25% |
0.50% |
0.25% |
|
One-Time Principal Rebate |
1% of original
principal after 12 consecutive on-time payments |
n/a |
n/a |
n/a |
|
Interest Rate Reductions** |
1% at graduation after first on-time payment |
1% at disbursement after first on-time payment |
1.25% at disbursement after first on-time payment |
1% after 36 consecutive on-time payments |