Welcome to the Alternative Loans page for
Baptist College of Health Sciences

• No origination or repayment fees.
• Rates as low as Prime + 2.00% (for loans approved on or after November 15, 2008).
• Students approved with a qualified cosigner may receive a 0.50% interest rate reduction.
• A 0.25% interest rate reduction for borrowers who have their monthly payments automatically deducted from a bank account.
• Cosigner release option available after 36 on-time consecutive payments.
• Satisfactory academic progress is not required.
• Students can be enrolled full time, half time and less than half time.
• Can be used for previous school balances less than 12 months old.
• Rates and other product terms and features are subject to change.
• Online pre-approval and application, including e-signature.
• Loans originated and serviced by Chase.
• All Chase-serviced loans, including private loans, are combined into a single bill.
• 24-hour online access to their loan status information.
• Flexible repayment options, including deferring all payments until after graduation with a six-month grace period.

Chase currently holds and does not sell its Chase Select Private Loans. Terms and conditions apply. Loans are subject to submission of a completed application, credit approval and other required documentation and verification, as applicable. The borrower benefits listed above are offered to Chase Select loan borrowers attending a participating school during the stated Academic Year and are not contingent upon Chase being selected for placement on a school’s preferred lender list. Nothing herein shall be construed as an agreement on the part of Chase to make loans available to or on behalf of particular students and Chase retains complete authority and discretion with regard to whether to provide such loans. Borrower benefits, interest rates and other loan product terms and features are subject to change.

• No upfront fees
• Competitive interest rates starting as low as the 1-month LIBOR + 2.50%
• Graduation Reward -- $300 principal reduction per loan with proof of graduation
• 0.25% interest rate reduction for automatic withdrawal of payments
• Cosigner release available
• Defer payments while in school
• 6 month grace period
• Satisfactory Academic Progress is not required

Edamerica  XtraCredit

• Automatic deferment of interest and principal payments while in school.
• No prepayment penalty.
• Combined billing with Stafford loans.
• Life-of-loan servicing.
• Online application.
• Flexible repayment options.
• Loans for students enrolled at least half-time.
• Competitive interest rates.

   

• Instant online and phone pre-approvals
• No origination or repayment fees
• Interest capitalized only once, at repayment
• Unlimited in-school deferment while enrolled at least half-time
• No prepayment penalties
• Repayment terms up to 25 years
• Graduated repayment option
• Generous repayment incentives
• Multiple payment options including phone, auto-debit and online
• 24-hour access to education counselors

For students enrolled part-time or more in eligible 4-5 year colleges, universities, and graduate schools.

• No Fees – receive the full approved loan amount.
• Can borrow every year up to the cost of attendance, less financial aid.1
• Interest rates are Prime + 0, Prime + 2.95% and Prime + 4.95%, depending upon the credit history of the borrower. All rates are variable over the life of the loan.2
• Six-month Grace Period (where no payment of principal or interest is required).
• No requirement to pay principal during enrollment.
• Interest can be paid monthly, or accrued and capitalized when the Repayment Period begins.
• .50% interest rate reduction with AutoPay3

1 Borrowers approved at the Prime + 4.95% tier are limited to an annual borrowing amount of cost of attendance less financial aid received up to $20,000.

2 APR may increase or decrease after consummation. Consummation occurs upon disbursement of loan proceeds. The interest rate is variable and can therefore increase and/or decrease over the life of the loan.

3 The automatic payment is a requirement to be qualified for the interest rate reduction benefit. If the auto payment feature is canceled, the rate reduction benefit is lost.

• Interest Rate: As low as Prime minus 0.50%, based on credit rating and co-signer presence
• Fees: As low as 0% based on credit rating and co-signer presence
• 0.50% interest rate reduction for auto debit
• 0.50% interest rate reduction when you make your first 48 consecutive monthly payments on time
• Co-signer release option after 36 consecutive monthly payments
• Payments automatically deferred until 12 months after graduation
• 60 second credit decision
• Annual Maximum: Cost of attendance less financial aid
• Repayment up to 25 years with no prepayment penalty
• Available for non-degree-seeking students

• 0% Origination fee
• 0% Prepayment fee
• 2% Graduation Reward (2% cash reward based on outstanding principal balance at graduation)
• .25% Auto Debit Reward