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One of the nation's top undergraduate
           engineering, science, and mathematics colleges


Financial Aid Office

Rose-Hulman Financial Aid Office
  
 

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Loan Programs
Private Loan
 
Name of Product Lender Fee Do They
Sell My Loan?
Co-Signer Release Option Benefits
         
Signature Loan 0% No Yes ***
Wells Fargo Collegiate Loan No origination, disbrusement or repayment fees No Yes ***
CitiAssist 0% - 6% No Yes ***
         
* * * * *        
Signature Loan New price ranges with competitive pricing that rewards creditworthiness
   - One eligible individual: LIBOR +
         4.5% to LIBOR + 11.25%
   - Two eligible individuals: LIBOR +
         4.5% to LIBOR + 10.35%
 
Zero fees
 
A .50 percentage point interest rate reduction with auto-debit
 
No Income requirement
 
Cosigner release available after the first 24 on-time payments of principal and interest
 
Six month grace period
     
Wells Fargo Collegiate Loan Prime Rate + 2% - 8.99%
 
No origination, disbursement or repayment fees
 
Have an established, positive credit history, acceptable debt-to-income ratio and a minimum income of $12,000, or co-signer who does. However, Junior, Senior student with strong credit histories may be eligible for a loan without a cosigner, regardless of income.
 
.25% interest rate reduction for auto debt
 
.50% interest rate reduction at repayment upon verification of graduation
 
Six month grace period
     
CitiAssist Prime Rate -1% to 7.5%
 
Ranges from 0% to 5%
 
Credit and debt-to-income ratio
 
Co-signer released after 24 months on-time payments
 
.25% interest rate reduction for auto debt
 
.50% interest rate reduction for 48 months on-time payments
 
Six month grace period
     
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