Company	SCSLC	Citibank	AMS	National Education	Collegiate Funding Services LLC	Wachovia	Nellie Mae
Website	Apply Online	Apply Online	Apply Online	Apply Online	Apply Online	Apply Online	Apply Online
Name of Loan	Palmetto Assistance	CitiAssist	Salle Mae Signature Student Loan	Preferred Alternative	PreferredSelect	Wachovia Education Loan (Credit-worthy)	Student EXCEL^SM
Origination Fees	Zero	Zero	Zero	Zero	0% to 5% (based on borrower's credit)	Zero	0% with a co-borrower - 6% without a co-borrower
Interest Rate	Prime	As low as Prime minus .5%	As low as Prime - 0.25% when student borrower and co-signer are credit approved.	T-bill + 3.25% (in-school), T-bill + 3.40% (repayment)	As low as prime	As low as prime	Prime + 1.25%
Annual Maximum	Cost of Attendance minus aid	Cost of Attendance minus aid	Cost of Attendance minus aid	Cost of Attendance minus aid	Cost of Attendance minus aid	Cost of Attendance minus aid	Cost of attendance minus aid
Minimum Loan Amount	$100	None	$500	$500	$500	$500 minimum	$500
Aggregate Maximum	$50,000 (undergrad), $110,000 (grad)	$120,000 (undergrad), $150,000 (grad)	No Limit with a co-signer. $100,000 for undergraduates without a co-signer. $150,000 for graduates without a co-signer.	$50,000	Undergraduate: $120,000 Graduate: $180,000	None: Subject to the annual limit not being exceeded	$75,000 on own signature No limit with a co-borrower
Enrollment Status	At least half-time	At least 1 hour	At least half-time	At least half-time enrollment if not employed full-time	At least one hour	At least half time	Enrolled at least half time
Fees At Repayment	None	None	0% - 3%	6.5% + 1.5% if borrower AND co-signer are not both creditworthy	0% to 5% (based on borrower's credit)	Interest is capitalized once at repayment or after deferment or forebearance.	0% if payments are made while enrolled
Repayment Period	< $10,000 = 12yr, $10,000 - $19,999 = 15yr, add 5yr for each 10,000 bracket up to 30yr	20 yrs undergraduate & graduate	15 years	20 years	20 year term for balances up to $30,000 25 year term for balances over $30,000	20 years	Up to 20 years based on balance
Deferrement Period	Same as Stafford	6 months	6 months after graduation	6 months after separation or 48 months after initial disbursement, whichever comes first	Payments can be deferred while in school and during a 6 to 9 month grace period.	Up to 60 months or graduation/separation (whichever comes first) plus 6 months grace	Up to 4 1/2 years
School Certification Required?	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Co-Signer Needed?	Yes, if undergrad < 24yo	If less than $18,000 verifiable income	For: 1) foreign students 2) students with no credit or insufficient credit history 3) US citizens attending a foreign school	If < $12,000 income and/or > 40% debt to income ratio	Co-borrowers are only required if the borrower cannot qualify on their own credit.	Yes, when the 2-2-2 rule is not met. (· Satisfactory credit history, residence and employment history of at least two years (if self-employed, to have been in business for at least two years) Having a co-signer can substantially increase your chances of being approved	Undergraduate students with satisfactory credit are generally not required to apply with a creditworthy co-signer. Most freshmen students, however, are required to apply with a creditworthy co-signer. Co-signers can be released from the loan after 24 months of on-time payments have been made
Automatic Pre-approval w/ Approved Co-signer?	Yes		Yes. As long as student is eligible	Yes	Yes	Conditional approval first on score, pending income verification.	Yes
Use For Past Due Balances?	No, must be cert during loan period	Yes, up to 12 months	Yes, for one year		Yes, it can cover past due balances for up to 12 months, provided the account is not in collection	Yes, up to 36 months in the past with submission of a valid past due tuition bill for documentation.	Yes
Online Application Available	Yes	Yes	Yes	Yes	Yes	Yes	Yes
International Students Eligible?	Must be permanent resident	Yes, with US citizen or permanent resident co-signer	Yes, with CIS documentation and creditworthy co-signer	No	Non-resident alien students must have credit-worthy U.S. Citizen or Permanent Resident Alien co-signer.	U.S. citizen or permanent resident and have resided in the U.S. for the previous two years (International students must apply with a U.S. citizen or permanent resident co-borrower) A domestic address is required. Educaid International Educaid Canadians	International students may apply with a creditworthy co-signer who is a U.S citizen or eligible permanent resident.