Citi Assist Student Loans
About CitiBank College Loans
Citi Student Loans has loans for everyone! Undergraduates, graduates, law and health profession students can all find away to pay for college with Citi. In its current configuration, Citi is a relatively young bank, only having been in business since 1998. But what they seem to lack in years, they certainly make up for in number of locations and scope of offerings, both in terms of student lending for college, and in checking and savings account choices.
Private Loan Name: Citi Assist Loans
Loans for Which Students? Undergraduate, graduate, law, (including bar exam review) health professions
Minimum/Maximum per Student: up to Cost of Attendance (less any other aid), maximum of $120,000 for undergraduates, $150,000 for graduates, $180,000 for law school students, $275,000 for health professions and $15,000 for bar exam study loans.
Loan Rates: Varies depending on your credit history and rating. See website for latest rates.
Student Loan Fees: 0-5%
Repayment Terms: Repayment is automatically deferred until after graduation, but you can opt to begin interest payments while you are still in school. 15 years total repayment for undergraduates, graduates, law students and bar exam study loans; 25 years for health professions.
Other Information: In addition to the loans listed above, Citi adds even more options for health students who are looking to relocate for their residency. Students can take out an additional loan of up to $18,000 at the same rates as health professional school loans. Citi also offers incentive for students to have their loan payments automatically deducted from a checking or savings account: they will lower your interest rate by .25% if you sign up for auto debit. Citi also has an incredibly comprehensive website full of resources on how to choose your loans, information for parents about cosigning, and a repayment calculator.
How to Apply/Contact: Apply online