2500 Lake Cook Road
RW1, 2 South
Riverwoods, IL 60015

Website: www.discoverstudentloans.com

Category: Bank/Lender

Discover® Student Loans provides private student loans for college and graduate school as well as post-graduate loans for students studying for the bar exam or entering a residency. All loans feature fixed or variable interest rates, no fees required, choice of in-school or deferred repayment, and loans for college and graduate school include cash rewards for good grades. US-based Student Loan Specialists are here to help your students, and Priority Services provides personal support for financial aid offices. We believe in responsible borrowing and encourage students to maximize grants, scholarships, and other free financial aid before taking out student loans.

New Product or Service: Discover Student Loans Interest-Only Repayment Option

Description: Discover® Student Loans is expanding the choice of in-school repayment options for students. Now students can elect, during the application process, to make interest-only or $25 fixed, monthly payments while in school and during the grace period. Students who choose the interest-only repayment option can receive a 0.35% interest rate reduction. As always, students have the option to defer payments while enrolled in school at least half-time.