Alaska Family Education Loan (FEL) 2017/2018 Application and Promissory Note COSIGNER AGREEMENT PACKETAlaska Family Education • May 6th, 2017
ALASKA FAMILY EDUCATION LOAN (FEL) 2017/2018 APPLICATION AND PROMISSORY NOTE COSIGNER AGREEMENT PACKETAlaska Family Education • May 6th, 2017
Features Loan Maximums No origination fees 5.75% (5.75% APR) fixed interest rate Rates as low as 5.50% with borrower benefits 0.25% automatic payment interest reduction No minimum credit score requirement Serviced in Alaska by Alaskans Note: The rates and benefits listed above are variable, meaning that a new benefit package, if any, must be approved by the Alaska Student Loan Corporation each program year. Borrowers who do not maintain a current repayment status may forfeit some or all benefits. The above rates and benefits are for the 2017/2018 academic year. Undergraduate Students: On-time enrollment - up to $14,000 Full-time enrollment - up to $12,500 Graduate Students: Full-time enrollment - up to $15,000 Career & Technical Education Programs: Certificate - up to $10,000 Flight Program - up to $10,000
