*Important Information:
Federal Loans—For loans that are guaranteed on or after June 1, 2008, the 0.25% interest rate reduction is available to borrowers in repayment who elect to have their monthly payments automatically deducted from a bank account by Chase. This interest rate reduction will begin when the borrower enrolls and begins having payments automatically deducted by Chase and will remain in effect as long as automatic payments continue without interruption. The reduced interest rate will return to the non-discounted rate if automatic payments are canceled, rejected or returned for any reason or during periods of deferment or forbearance. The 0.25% interest rate reduction will not lower the monthly payment amount but will instead reduce the interest that accrues, thereby reducing the total amount repaid and the time in which the loan is repaid. Chase may sell this loan to the U.S. Department of Education, and the U.S. Department of Education may continue to honor this automatic payment interest rate reduction. Visit ChaseStudentLoans.com/rates for current interest rates. Generally, Stafford and Grad PLUS borrowers have up to 10 years (excluding periods of authorized deferment and forbearance) to repay their loans. New borrowers after October 7, 1998, whose total outstanding principal and interest in Federal Family Education Loan Program (FFELP) loans exceeds $30,000, may repay on a level or graduated repayment plan for a period that may not exceed 25 years. There are no penalties for early repayment of FFELP loans. Contact Chase to learn more about repayment term options. Terms and conditions apply. Benefit programs are subject to change. Loans are subject to submission of a completed application, credit approval and other required documentation and verification, as applicable.

Private Loans—As students determine the best way to finance their education, they should consider the full range of student financial aid options available. Private loans, like the Chase Select Health Professions Private Loan, can be used when federal loans, grants and other forms of financial aid are not sufficient to cover the full cost of education. Private loans are subject to credit approval, receipt of a completed and signed Application/Promissory Note, verification of application information and school certification of student’s enrollment at a participating school. The 0.25% interest rate reduction is available to borrowers in repayment who elect to have their monthly payments automatically deducted from a bank account by Chase. This interest rate reduction will begin when the borrower enrolls and begins having payments automatically deducted by Chase and will remain in effect as long as automatic payments continue without interruption. The reduced interest rate will return to the non-discounted rate if automatic payments are canceled, rejected or returned for any reason or during periods of deferment or forbearance. The 0.25% interest rate reduction will not lower the monthly payment amount but will instead reduce the interest that accrues, thereby reducing the total amount repaid and the time in which the loan is repaid. Upon request by the primary borrower, cosigners are eligible to be released from the loan if any 36 consecutive payments of principal and interest are paid on time after graduation. The borrower must meet credit criteria at the time of the cosigner release. Other terms and conditions apply. Benefit programs are subject to change. Chase services its Chase Select loans and does not sell them to another lender

†A limited number of borrowers will not qualify for this offer and may be approved with a 5.00% origination fee.

This information was current as of 07/07/2008.