Chase SelectSM Health Professions Loan
When federal aid, scholarships and grants just aren't enough, a private loan like
the Chase Select Health Professions Loan can provide funds up to your cost
of attendance (minus other financial aid), but no more than the amount certified
by your school. Students are strongly encouraged to exhaust federal loans, scholarships, grants and other financial aid before applying for a private student loan.
Chase Select Health Professions Loan features include:*
- Immediate repayment options that could help you:
- Save money over the life of the
loan as compared to deferring payments, helping you graduate with less student loan
debt.
- Establish a credit history while you're in school.
- No origination fees
- 0.25% interest rate reduction for having monthly payments automatically deducted from your bank account (ACH) by Chase
Deferred Repayment is also available, if you cannot afford to make payments while in school.
Deferring payment will increase the total amount paid for the loan as compared to other repayment options.
You or your cosigner (if applicable) must have a qualifying Chase account or loan relationship in order to be eligible for a Chase Select Private Student Loan.
Consider Applying with a Cosigner
Although a cosigner is not necessary or required to apply, a cosigner may increase the likelihood of approval and may result in a better interest rate. For student loans disbursed within the current academic year, the studen borrower may request that the cosigner be released after 36 consecutive, on-time payments of principal and interest. The student borrower must meet Chase's minimum credit criteria and other established cosigner release eligibility requirements, in order to establish the capacity to repay the loan on his or her own, at the time of the request for cosigner release. The student borrower is solely responsible for repayment of the loan after the cosigner is released.
