Discover Student Loans
Private Education Loan

Cost Index 96-147 What is the Cost Index?

Student Loan Description College expenses can be overwhelming, but now you and your family can get the money you need from a name you know -- Discover Financial Services. Learn more about our competitive rates and 2% Graduation Reward. Discover Student Loans give you: * Zero Fees – No application, processing, or loan fees * 2% Cash Reward paid upon graduation * 0.25% repayment interest rate credit when payments are set up for automatic debit from a bank account * Funds disbursed directly to your school

Student Loan Overview Type Private As Low As Up To Cost Index 96 147 Amount Received $10,000 Change Amount Interest Rate 2.75% Prime Rate - 0.5% 8.0% Prime Rate + 4.75%		Payment Details As Low As Up To In-School / Grace Interest Payments — Monthly Payment $105 $161 # of Payments 118 118 Final Payment $39 $8 Total Paid $12,378 $18,977
Borrower Benefits Cash Back at Graduation (%) Upon graduating, you receive a reduction of 2% of your principal Auto-Debit Interest Rate Reduction of 0.25%
Additional Information
Minimum Payment $50 Repayment Fee — Application Fee — Origination Fee — Federal Default Fee — In-school Period 45 months Change Grace Period 6 months Pay Interest During In-School and Grace Periods Change Subsidized Change Interest Capitalizes before repayment At repayment		24/7 Application Processing Benefits Lost if Loan Sold Co-signer Required Always Online Application Benefit Recovery Clause

Find & Compare Student Loans

• Private Loans
• PLUS Loans
• Stafford Loans