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Axiom Direct Private Student Loan  
Pay for college expenses

 

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Expectations are meant to be exceeded.

BORROW THE MONEY YOU NEED, WHEN YOU NEED IT.

You planned and worked hard to get into grad school.  Knowing how you will pay for it, is just as important. Budget wisely and never borrow more than you need.
 

If you do need to borrow money to help pay for college expenses, there are many advantages to an AxiomDirect Private Student Loan:

  • Borrow up to $250,000 (max lifetime aggregate).

  • Flexible repayment terms.

  • Competitive interest rates, as low as Prime minus 0.5%,1
    with up to 1% in interest rate savings.2

    Click here for repayment details.

Applying for a private loan

You may eligible for an AxiomDirect Private Student Loan if you:

  • Are enrolled at least half-time at one of over 3,000 approved schools;

  • Are at least 18 years of age (19 in NE and AL, 21 in Puerto Rico and MS.  MS residents between the ages of 18 and 20 may borrow with written consent from a parent or guardian);

  • Are a U.S. Citizen or an eligible non-citizen holding a valid unexpired Alien Registration Receipt Card (INS form I-151 or I-551); and

  • Meet certain underwriting criteria.
    If you have minimal or no credit history, or if you do not meet the underwriting requirements, you can still apply with a creditworthy  cosigner.  A cosigner
    can be a parent, or any other eligible person who meets underwriting criteria. 

Increase your chances of approval and of obtaining a lower interest rate and/or loan fee when you apply with a creditworthy cosigner.

Cosigner Release:2  The cosigner may be released by request after the first 36 consecutive on-time monthly payments are made and the borrower meets underwriting criteria.

 

1 For well-qualified applicants subject to credit approval and other restrictions.  In all cases, interest rates and loan fees vary and are based upon borrower and/or cosigner (where applicable) credit profile, and other underwriting criteria.

2 At all times the discount rates and cosigner release terms are subject to change.  The on-time benefit must be earned.  Cosigner release is contingent upon the borrower's credit profile which will be reviewed by the Lender prior to release.  Loan delinquency, default, or the use of forbearance may result in the revocation of all borrower benefits.

 
   
     
   
   

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© 2002 - 2008 Axiom Management Group, L.L.C. All loans are subject to credit approval.  Lender is Lehman Brothers Bank, FSB.  Equal Opportunity Lender. 
Axiom is compensated for the referral of private student loan customers to the lender.
 All Rights Reserved.