CHASE SELECT^SM PRIVATE STUDENT LOANS

When you need help with college costs, Chase Select can help. Chase Select is a school-certified private student loan program for undergraduate, graduate and graduate health professions students. It can provide funds up to your cost of attendance minus other aid. Chase Select can help you fill the gap if federal loans and other financial aid don’t cover all of your education expenses.*

Features include:

• No payments required while in school
• No origination or repayment fees†
• 0.50% Interest rate reduction may be available if approved with a qualified cosigner
• 0.25% Interest rate reduction for having monthly payments automatically deducted from a bank account
• Cosigner release after making 36 consecutive on-time payments of principal and interest
• Loans from $500 up to your cost of attendance (minus other aid) each year

A Chase Select Private Student Loan can cover:

• Tuition
• Living expenses
• Books
• A computer
• Previous school balances

*Important Information: As students determine the best way to finance their education, they should consider the full range of student financial aid options available. Private loans, like the Chase Select Private Student Loan, can be used when federal loans, grants and other forms of financial aid are not sufficient to cover the full cost of education.

Chase Select loans are subject to credit approval, receipt of a completed and signed Application/Promissory Note, verification of application information and school certification of student’s enrollment at a participating school.

The 0.25% interest rate reduction is available to borrowers in repayment who elect to have their monthly payments automatically deducted from a bank account by Chase. This interest rate reduction will begin when the borrower enrolls and begins having payments automatically deducted by Chase and will remain in effect as long as automatic payments continue without interruption. The reduced interest rate will return to the non-discounted rate if automatic payments are canceled, rejected or returned for any reason or during periods of deferment or forbearance. The 0.25% interest rate reduction will not lower the monthly payment amount but will instead reduce the interest that accrues, thereby reducing the total amount repaid and the time in which the loan is repaid.

Chase services its Chase Select loans and does not sell them to another lender.

Loans to pay previous school fees are limited to the amount owed to the school.

Upon request by the primary borrower, cosigners are eligible to be released from the loan after any 36 consecutive payments of principal and interest are paid on time. The borrower must meet credit criteria at the time of cosigner release. Other terms and conditions apply. Benefit programs are subject to change.

To qualify for the cosigner discount, the borrower must be approved with a cosigner who meets established credit criteria. Some borrowers may be approved with a cosigner who does not meet this standard and therefore will not receive the discount.

Maximum annual loans up to cost of attendance, minus other aid. Aggregate maximum of $150,000 for undergraduate students, $180,000 for graduate students and $250,000 for health education students for Chase-owned and -serviced private loan debt.

†A limited number of borrowers will not qualify for this offer and may be approved with an origination fee.

This information was current as of 11/01/2008.