Citibank Student Loans

Interest Rate Calculation:
Prime plus .5% (variable rate loan)

Cosigner Requirements:
Creditworthy cosigner required.

Loan Fees:
No fee

Minimum Loan:
None

Maximum Loan:
Cost minus aid

Eligibility:
Creditworthy applicant
Must be half-time
Can be non-degree

Repayment Terms:
6-month grace period after graduation or leaving school
Interest only option for first 24 months of repayment term

Special Features:
Capitalization once at repayment
Cosigner release option
Can be used for year-old balance
Interest reduction of .25% for direct debit of payments
Interest reduction of .5%for 48 consecutive, initial monthly payments