LOANS FOR UNDERGRADUATES

Paying for College is Uncomplicated With Citi

From explaining how to earn an interest rate reduction to providing information on flexible repayment options, we make benefits easy to understand.

No Minimum Loan Amount

Since there is no minimum loan amount required for Federal Stafford Loans, you have the flexibility to borrow only what you need.

No Payments While in School

No payments are required on subsidized Federal Stafford Loans while you are in-school and during your six month grace period. Principal payments are automatically deferred during the same periods on unsubsidized Federal Stafford Loans. You may choose to pay the interest while in-school and during grace, or postpone your interest payments on an unsubsidized Federal Stafford Loan. Any unpaid interest will be added to your principal loan balance or capitalized when repayment begins.

Interest Rate Reduction for Auto-Debit Payments

Receive a 0.25% interest rate reduction when you enroll in our auto-debit payment program and receive only electronic statements.

Flexible Repayment Options

Citi offers options for lowering or deferring payments while you're studying, transitioning into your career, or facing financial hardship.

Tax Deduction

The interest on your Federal Stafford Loans may be tax deductible. Learn more.

Online Account Management

Access and manage your account through our secure Web site. In seconds, you can track your loan applications, view disbursement information, update your contact information and make payments online.

Customer Service You Can Count On

Citi provides exceptional customer service via dedicated and highly-trained experts who can help you.

Basic Federal Stafford Loan Eligibility

Eligibility for subsidized and unsubsidized Stafford funding will be defined in the award letter from your school.

To be eligible for a Stafford Loan, you must meet the following criteria:

• Be enrolled as a full- or half-time undergraduate student
• Be a U.S. citizen, national, or an eligible non-citizen. An eligible non-citizen is a permanent resident of the United States able to present evidence from the Immigration and Naturalization Service that he or she is in the U.S. for other than a temporary purpose with the intention of becoming a citizen or permanent resident.

Tip: To minimize the cost of borrowing for your education, borrow as much as you can in federal loans before exploring other borrowing options such as private loans.

Interest Rates

A subsidized Federal Stafford Loan features a fixed interest rate of 5.60% while an unsubsidized Stafford Loan features a fixed interest rate of 6.80%. The amount you can borrow in subsidized and unsubsidized Federal Stafford Loans will be specified in your award letter. Together, the two amounts cannot exceed the limits shown below:

Borrowing Limits for Dependent Students

Years	Subsidized	Unsubsidized	Total
1	$3,500	$2,000	$5,500
2	$4,500	$2,000	$6,500
3, 4, and 5	$5,500	$2,000	$7,500

Borrowing Limits for Independent Students

Years	Subsidized	Unsubsidized	Total
1	$3,500	$6,000	$9,500
2	$4,500	$6,000	$10,500
3, 4, and 5	$5,500	$7,000	$12,500

Note: Borrowing limits for independent students also apply to dependent students whose parents are denied a PLUS Loan.

Repayment Terms
The standard repayment term is 10 years in addition to any periods of deferment or forbearance. An extended repayment term of up to 25 years is available for borrowers who qualify. Learn more about deferments and forbearances as well as repayment plans.

Fees
The following federal fees will be subtracted from your requested loan amount:

• 0.50% origination fee
• 1.00% federal default fee