Citibank Student Loans Guide

When searching for funding options for educational expenses, there are a number of different solutions to consider. Citibank student loans offer a wide variety of solutions designed to meet the unique needs of students.

Types of Citibank Student Loans Available

• Federal Stafford loans
• Parent federal PLUS loans
• Graduate PLUS loans
• CitiAssist Loans

In determining which Citibank student loans might be right for you and your situation it is important to review the major advantages of each loan.

Federal Stafford Loans

• Low fixed interest rate
• No origination fee
• No federal default fee
• Rate reduction available for auto-debit payments
• Deferments available
• Flexible payment options
• Automatic rate reduction when you graduate

The Federal Stafford loans available through Citibank Student loans provide a low interest long-term solution for graduate and undergraduate students. Depending on whether the loan is subsidized or unsubsidized, the government may pay a portion of the interest while you are in school. Award amounts depend on the student's classification as either a dependent or independent student and their year of enrollment in school. Students have up to 10 years to pay their loans back.

Federal PLUS Loans for Parents through Citibank Student Loans

• Fixed interest rate
• Automatic interest rate reduction when student graduates
• Rate reduction for auto-debit payments
• Ability to borrow up to full cost of education, minus financial aid received
• Flexible payment options

Federal PLUS loans available through Citibank student loans offers solutions for parents of dependent undergraduate students as well as graduate and professional students. Parents do not need to submit a FAFSA to apply, although approval is subject to a credit check. Repayment begins 60 days after the loan is disbursed. Under the standard repayment plan, parents have up to 10 years to pay back the loan.

Grad PLUS loans for Graduate students

• Fixed federal interest rate
• No federal default fees
• Automatic interest rate reduction when you graduate
• Rate reduction for auto-debit payments
• Ability to borrow up to full cost of education minus financial aid received
• Flexible payment options

Grad PLUS loans through Citibank student loans are designed graduate students who may need additional funding to cover the cost of their educational studies.

CitiAssist Loans

• Ability to borrow up to full cost of education minus financial aid received

• No annual or minimum loan amount
• No payments while in school
• Flexible repayment options

CitiAssist loans provide another funding solution when other options fall short of providing sufficient coverage for your educational needs.

If the benefits provided through Citibank student loans appear to suit your needs, of if you just have a question, Studentloans.info can help you find the answers. Let us help you get started with the process today.