Private Loan Comparison Chart

The Office of Student Financial Services is committed to securing and sharing with our students and their families accurate information about the best available rates, benefits and service.  Our research indicates that the lenders and loan products listed below offer our students excellent customer service, competitive interest rates and borrower benefits. Georgetown students are not, however, required to select a lender from this loan comparison chart; students are free to select any eligible lender for their loans and will not be penalized by the University for doing so.  If you encounter a loan program that you would like us to review for potential inclusion here, please provide the information to the Office of Student Financial Services.  Please see the text below for information about loan processing.*

CitiAssist
Private Loan

Citibank

• Interest rates: As low as Prime plus 1% up to Prime plus 7.5%, adjusted quarterly.
• Disbursement Fee: 0%-6%, depending on credit.
• Repayment Fee: 0%
• Loan Limit Minimum: $1,000 on first CitiAssist loan only. No minimums apply on subsequent CitiAssist loans.
• Loan Limit Maximum:$120,000 undergraduate aggregate borrowing level ($150,000 for graduate)
• In-school deferment: Up to 10 years cumulative in-school deferment for undergraduate students and 4 years cumulative in-school deferment for graduate students with an option to pay accruing interest while they remain enrolled in school at least half-time.
• Six-month grace period.
• Affordable 20-year repayment term.
• Co-signer release option. After 24 consecutive on-time payments of principal and interest, US citizen or permanent resident borrowers may request a co-signer release.  Borrowers must meet applicable credit requirements at that time.

Chase Select Private Loan

J.P. Morgan Chase

• Interest rates: As low as LIBOR plus 4.75%, adjusted quarterly, with 0% fees.
• Disbursement Fee: 0%
• Borrower Benefit: 0.25 percentage point interest rate reduction for auto debit.
• Loan Limits: $500 up to cost of attendance minus other financial aid.
• In-school deferment: All payments may be deferred until 6 months after graduation. May be enrolled less than half-time.
• Affordable 20-year repayment term.
• May be used to pay off prior balances not more than 12 months old.
• Eligibility with little or no credit history.
• No prepayment fees.
• Co-signer release option. After 36 consecutive on-time payments of principal and interest, US citizen or permanent resident borrowers may request a co-signer release.  Borrowers must meet applicable credit requirements at that time.

*The Office of Student Financial Services is committed to providing the students and parents of Georgetown University the best customer service, regardless of your choice of lender.  Students who choose to utilize a lender specifically named on the loan comparison chart will be able to complete all of their loan processes on-line.  Students who choose to utilize a lender not in any way referenced on the comparison chart will need to contact the lender directly to complete an application with them.

If your lender is not listed on our loan comparison chart, we are unable to process any aspect of your loan electronically.  You will need to complete your application directly with the lender. The lender will send us a paper certification request and your funds will disburse in the form of a paper check that is mailed to the Office of Student Financial Services. With the paper process, the estimated financial aid will remain on the student account, but the deposit of actual funds may be delayed.  We will process your loan as expeditiously as possible.

This chart and the accompanying lenders are reviewed and updated annually.

Your student loan may be resold at any point after disbursement. Please contact your lender directly for additional information.