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Borrowers who select Student Loan Funding (lender code 831455) as their Grad PLUS loan lender receive this valuable benefit*:
0.25 percentage point interest rate reduction for automatic debit.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AND BORROWER BENEFITS AT ANY TIME WITHOUT NOTICE. APPLICANTS SHOULD CHECK THE SALLIE MAE WEBSITE CLOSE TO THEIR LOAN DISBURSEMENT DATE TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING LOAN PROGRAMS, INCLUDING BORROWER BENEFITS.
*Subject to the above, benefit is available on loans guaranteed 6/9/08–6/30/09. Assuming the loan is serviced by Sallie Mae, the benefit remains available during active repayment for as long as the borrower’s monthly payment is successfully deducted from his/her bank account. If the loan is not serviced by Sallie Mae, other restrictions may apply as determined by the U.S. Department of Education.
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