Borrower Benefits*
Money Up-Front*
Stafford borrowers receive a 1% principal reduction after full disbursement.
Academic Achievement Award*
Stafford Borrowers receive an additional 2% principal reduction upon graduation
1 following their grace period.
3 for FREE
Stafford borrowers receive 3 months of repayment relief upon graduation
1 following
their grace period.
This gives undergraduate students 9
months to get their finances in order before they make their first
payment.
Rate Reduction
Stafford borrowers receive a .25% interest rate reduction when they
sign up for auto-debit of their loan payments.
Principal Reduction
Stafford Borrowers receive a 5% principal reduction
2 after 48 on-time payments.
Qualification
In order to qualify for the Xtreme Rewards Repayment option3, just complete the
Xtreme Rewards Enrollment Form
and submit the form with proof of graduation per the instructions. Just mail in the form before your Grace Period ends
(the 6 months after you graduate from college), and you're on your way to 3 months of repayment relief.