• Brief Description:
• Fixed Interest Rate
  • 5.6% for subsidized loans to undergraduates (loans with a first disbursement from 7/1/09 to 6/30/10)
  • 6.8% for subsidized loans to graduates
  • 6.8% for all unsubsidized loans
• Available as subsidized and unsubsidized loans
• No payments required while student is in school at least half time
• 6 month grace
• Up to 10 years to repay
• Who Can Borrow:
• Undergraduate Students
• Graduate Students
• Borrower Benefits:
• Receive a 0.25% interest rate reduction when payments are made using automatic account withdrawal.

• Brief Description:
• Interest rate fixed at 8.5%
• Option to postpone repayment while student is in school at least half time plus 6 months thereafter
• Up to 10 years to repay
• Who Can Borrow:
• Parents of a dependent undergraduate student
• Borrower Benefits:
• Receive a 0.25% interest rate reduction when payments are made using automatic account withdrawal.

• Brief Description:
• Interest rate fixed at 8.5%
• No payments required while student is in school at least half time
• Up to 10 years to repay
• Who Can Borrow:
• Graduate Students
• Borrower Benefits:
• Receive a 0.25% interest rate reduction when payments are made using automatic account withdrawal.

National Education offers Sallie Mae Smart Option Student Loan
National Education has partnered with Sallie Mae to offer the Sallie Mae Smart Option Student Loan to Undergraduate and Graduate Students.