INvestEd Student Loan Disclosures
1 These rates are expressed as APR.
Lowest rates shown are for eligible, creditworthy applicants and require a 5-year repayment
term and our Automatic Payment discount of 0.25 percentage points. Automatic payments are
not required. Annual percentage rates (APR) listed are based on borrowing $10,000 in a single
The Fixed rate will not change during the term.
The variable rate is subject to increase after consummation. The maximum variable interest
rate is 21.00%. The variable interest rate that is charged to the borrower is reset quarterly, may
increase or decrease, and is based on an Index and Margin. That means that your rate could
move lower or higher than the rates on this form. The variable rate is based upon an average of
the 3-month London Interbank Offered Rate (LIBOR) as published in the Wall Street Journal.