There are several options for paying your student account balance. If you have exhausted all federal, state and institutional financial aid and you still need additional funding, you may wish to pursue an alternative loan from a private lender. You may apply for any amount up to the cost of education, as determined by the Financial Aid Office, minus any other aid (including federal loans) that you are receiving. You will want to compare several lenders to find the best alternative loan to meet your needs. As a guide to assist you, we have compiled a list of our most frequently requested private lenders who have disbursed at least one loan to La Roche College students in the last three academic years. The seven lenders are listed in alphabetical order, by lender, so be sure to review the entire list.
Lender
Loan Name
Website
Phone Number |
Interest
Rate |
Fees |
Available for
Past Due
Balances? |
Grace
Period |
Rewards |
Additional Information |
Citibank, N.A.
CitiAssist
studentloan.com
800-STUDENT |
3-Month
LIBOR
+ 3.25 to 11% |
0% -3% |
No |
6 months |
0.25% interest rate reduction for automatic payments |
- 15 year repayment plan for undergraduates, 20 year repayment plan for graduates
- May be enrolled on a less than half-time basis
- Cosigner release available
|
|
Citizen’s Bank
Trufit Student Loan
citizensbank.com/
TruFitStudentLoan
800-708-6684 |
1-Month LIBOR
+ 3% to 13% |
0% |
Yes |
6 months |
0.5% interest rate reduction for automatic payment from a Citizen’s Bank account |
- Must be enrolled at least half-time
- 15 year repayment plan
- 12 month hardship deferment available
- Cosigner release available
|
Discover Bank
Discover Alternative Loan
discoverstudentloans.com
877-728-3030 |
Prime
+ 1% to 7.75% |
0% |
Yes |
6 months |
0.25% interest rate reduction for automatic payments
2% Graduation Reward |
- Satisfactory Academic Progress required
- May be enrolled less than half-time
- No cosigner release
|
PNC Bank
Solution Loan pnconcampus.com
800-762-1001 |
3-Month LIBOR
+ 4% to
10.75% |
0% - 6% |
Yes |
6 months |
0.50% interest rate reduction for automatic payments |
- Must be enrolled at least half-time
- Cosigner release available
|
Sallie Mae
Smart Option
salliemae.com/smartoption
888-695-3317 |
1-Month LIBOR
+ 2.5% to 10.875% |
0% |
Yes |
6 months,
INTEREST PAYMENTS OR FIXED PAYMENT MUST BE MADE DURING GRACE PERIOD |
0.25% interest rate reduction for automatic payments |
- INTEREST PAYMENTS OR FIXED PAYMENT MUST BE MADE WHILE ENROLLED
- May be enrolled less than half-time
- Cosigner release available
|
SunTrust Bank
Academic Answer Loan
suntrusteducation.com/
priv/laroche
866-763-6350 |
1-Month LIBOR
+ 3.75% to 10.25% |
0% |
No |
6 months |
$300 principal reduction, per loan, upon graduation;
0.25% interest rate reduction for automatic payments |
- Must be enrolled at least half-time
- Cosigner release available
|
Wells Fargo Bank
Collegiate Loan
wellsfargo.com/student
800-658-3567 |
Prime
+ 0.25% to 6.74% |
0% |
Yes |
6 months |
0.25% interest rate reduction for automatic payments;
0.5% interest rate reduction upon verification of graduation |
- May be enrolled less than half-time
- Cosigner release available
|
