Discover Student Loans
DiscoverStudentLoans
Code: 831312
877.728.3030
Stafford Data:
http://www.discoverstudentloans.com/student/stafford.aspx
  • 0% Origination Fee
  • 0% Default Fee
  • A six-month payment-free grace period immediately following graduation, less than half-time enrollment  or separation from school
  • 0.25% Interest rate reduction for auto-debit payments
PLUS Loan Data:
http://www.discoverstudentloans.com/parent/
  • 3.0% Origination Fee
  • 0% Default Fee
  • Standard Repayment – 60 days after final disbursement of loan
  • Option to defer  payments while student is enrolled at least half-time
  • 0.25% Interest rate reduction for auto-debit payments
Alternative Loan Data:
Certified Private Loan
Code: 831312
http://www.discoverstudentloans.com/student/private.aspx
877.728.3030
  • $1000 minimum amount.  Maximum – cost less financial aid
  • Variable interest rate- Prime  minus 0.50% to  prime plus 4.75%
  • Zero Fees
  • Co-signer required
  • A six-month payment-free grace period immediately following graduation, less than half-time enrollment  or separation from school
  • 0.25% Interest rate reduction for auto-debit payments
  • 2.0% Graduation Reward on outstanding principal balance