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Chase Education
Federal Stafford Loan



Cost Index
141

What is the Cost Index?

Student Loan Description

Chase is a national leader in the Stafford loan program and has provided billions of dollars of Stafford loans to both undergraduate and graduate students.

Student Loan Overview

TypeStafford
Cost Index141
Amount Received$5,500
Change Amount
Interest Rate6.8%

Payment Details

In-School / Grace Interest Payments
Monthly Payment$86
# of Payments118
Final Payment$11
Total Paid$10,136

Borrower Benefits

Auto-Debit
Interest Rate Reduction of 0.25%


Additional Information

Minimum Payment$50
Repayment Fee
Application Fee
Origination Fee1% Deducted from Disbursement
Federal Default Fee1% Deducted from Disbursement
In-school Period52 months
Change
Grace Period6 months
Pay Interest During In-School and Grace PeriodsNo
Change
SubsidizedNo
Change
Interest Capitalizes before repaymentAt repayment
24/7 Application ProcessingNo
Benefits Lost if Loan SoldNo
Co-signer RequiredNever
Online ApplicationYes
Benefit Recovery ClauseNo

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