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JPMorgan Chase Bank

Posted Date : 05 May,2012 | Question ID :  29976
 
Interview Question Summary
Category: Foreign Banks
 
Description:

Chase Select is a school-certified private student loan program for undergraduate, graduate and graduate health professions students. This credit-based private student loan can help fill the gap if federal loans, grants and other financial aid don't cover all of your education expenses.

As students determine the best way to finance their education, they should consider the full range of student financial aid options available. Private loans can be used when federal loans, grants and other forms of financial aid are not sufficient to cover the full cost of education.

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. Although a cosigner is not necessary or required to apply for a private student loan, a qualified cosigner may help you get approved for a private student loan and possibly help you qualify for a better interest rate.

Benefits of a Chase Student Loan:

  • In-school deferment repayment option available, which means there are no payments required while in school.
  • No origination or repayment fees.
  • Loans up to your cost of attendance (minus other aid), but no more than the amount certified by your school.
    Funds are sent directly to the school.
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