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The CampusDoor® School-Certified Loan  

For many students and their families, the CampusDoor School-Certified Loan provides a simple solution for low-stress, no-hassle student loans. CampusDoor's online application is a 4-step process that gets you an answer in about a minute, so you can get on with your life.

Whether you are an undergraduate or graduate student, a private loan from CampusDoor can cover up to 100% of your cost of education. We have loans tailored specifically for undergraduate and graduate students and also offer an incidental loan option that can help cover additional education expenses.

The advantages of a CampusDoor loan include competitive interest rates and fees with interest rates as low as Prime minus 0.5%1, loan fees as low as 0%1 for the most creditworthy borrowers, and the ability to pay for education-related expenses incurred from 8 months in the past up to 18 months in the future. Click to Review Repayment Examples.

You can choose to add any loan fees into the total loan amount to get a loan with no out-of-pocket expenses. Best of all, CampusDoor loans include a 12-month grace period after graduation.

You may qualify for Federal student loans. AFC encourages prospective customers to exhaust Federal student loan options before applying for a private student loan to minimize private student loan debt, as Federal loans are often less expensive and offer the widest variety of repayment options.

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Eligibility
To be eligible for the CampusDoor School-Certified Loan, the borrower must be:

  • At least 18 years old (19 in Nebraska, 21 in Puerto Rico & Mississippi)5,
  • The borrower and cosigner must be a U.S. citizen or eligible non-citizen, and
  • Enrolled in an eligible institution at least half-time.

CampusDoor encourages all loan applicants to apply with a creditworthy cosigner to increase their chances of approval and of obtaining a lower interest rate and/or loan fee.

Interest Rate2 (Click to Review Repayment Examples)
Variable; Interest rates range from prime minus 0.5% up to Prime + 6.9% for loans with a creditworthy cosigner; and from Prime minus 0.5% to Prime + 7.9% for loans without a creditworthy cosigner
Loan Fees2 (Click to Review Repayment Examples)
Loan fees range from 0% - 9% depending on your credit
Loan Limits
$250,000 aggregate lifetime maximum
Repayment (Click to Review Repayment Examples)
No In-school payments required
Up to a 25-year repayment term,3 depending on loan balance
No prepayment penalty
12-month grace period after graduation or 6 months after a student drops below half-time enrollment
Credit decisions:
Online decisions usually in less than a minute
Loan Discounts4:
0.50% interest-rate discount when monthly payments are automatically deducted from a checking or savings account
0.50% interest rate discount after 48 months of on-time payment
Co-signer Release4:
For those who borrow with a cosigner, the cosigner may request to be released from obligation after 36 months of on-time payment. A credit check will be performed on the borrower and the request must be in writing.
Contact CampusDoor for more info:
By Phone: 1 (800) 786-0002
By Email: answers@campusdoor.com
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The CampusDoor School-Certified Loan is promoted by AFC in cooperation with CampusDoor.

AFC, your financial institution/lender for FFELP loans, is compensated for the referral of private loan customers to the Lender. All loans are subject to credit approval. Trade/Servicemarks are the property of Campus Door, Inc. and/or its affiliates. Lender is Lehman Brothers Bank, FSB. Equal Opportunity Lender. © 2007 Campus Door, Inc. All Rights Reserved.

1 - For well-qualified applicants, subject to credit approval and other restrictions.

2 - In all cases, interest rates and loan fees vary and are based upon borrower and/or cosigner (where applicable) credit profile, and other underwriting criteria. See our Rates and Fees page for Annual Percentage Rate (APR) examples and other important information.

3 - The repayment period may be less than the 25-year maximum allowed depending on the borrower’s indebtedness at the beginning of his or her repayment period and the requirement that the borrower either satisfies a $50 minimum monthly payment amount (level schedule) or the terms of a graduated repayment schedule.

4 - Borrower benefits terms and conditions are subject to change and must be requested by the borrower.

5 - Mississippi residents under the age of 21 may borrow with written consent from a parent or guardian.

  Academic Finance Corporation • One West Boylston Street, Chadwick Court • Worcester, MA 01605
Toll Free: 1-877-AFC-4322 • www.afclending.com
 

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