Graduated Repayment Plan B This option allows for interest-only payments for the first one-third of your total repayment period. Level monthly payments are required for the remaining two-thirds of your repayment period. Graduated Repayment Plan C With this option, for the first quarter of the repayment period, you pay only interest. For the second quarter, you pay level monthly payments (on the balance) which are calculated over the original maximum payment period allowed. For the last half of your repayment period, level payments are recalculated, enabling you to pay off the remainder of the loan. Income-Sensitive Repayment Plan This option means you pay equal monthly payments. After you are in repayment, your monthly amount can be adjusted if your total monthly gross income from employment and all other sources change. Extended Repayment Under an extended repayment schedule, you can repay your consolidation loan over a 25-year period on a fixed or graduated payment plan if you have loans totaling in excess of $30,000. If you have loans in excess of $60,000 and wish to repay over a 30-year period, you should select one of the other repayment options.

Level Repayment: A level Repayment schedule means you pay equal monthly payments over the term of your loan. Graduated Repayment Plan A: This option allows for interest-only payments for the first one-quarter of your total repayment period. For the next one-quarter, 1% of the original consolidation loan is required each month. Level monthly payments are required for the remaining one-half of your repayment period. Graduated Repayment Plan B: This option allows for interest-only payments for the first one-third of your total repayment period. Level monthly payments are required for the remaining two-thirds of your repayment period. Graduated Repayment Plan C: With this option, for the first quarter of the repayment period, you pay only interest. For the second quarter, you pay level monthly payments (on the balance) which are calculated over the original maximum payment period allowed. For the last half of your repayment period, level payments are recalculated, enabling you to pay off the remainder of the loan. Income-Sensitive Repayment Plan: This option means you pay equal monthly payments. After you are in repayment, your monthly account can be adjusted if your total monthly gross income from employment and all other sources change. Extended Repayment: Under an extended repayment schedule, you can repay your consolidation loan over a 30-year period on a fixed or graduated payment plan if you have loans totaling in excess of $60,000.

Want to Save Even More? With your Consolidation Assistance Program loan, you can reduce your interest rate by up to an additional 1.25% with these borrower benefits: .25% interest rate reduction for using our automated debit program to repay your loan .50% Interest rate reduction if you consolidate between $20,000 and $50,000 in eligible students and make 48 consecutive on-time payments A 1.0% Interest rate reduction if you consolidate over $50,000 in eligible students and make 48 consecutive on-time payments. You can also lower your payments with our graduated repayment program. Grad Partners, Inc. reserves the right to modify, expand or discontinue this borrower benefit program or any similar program at any time without notice. Loans disbursed prior to the termination or change date will not be affected.

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