Chase Bank Background
Chase Bank, formally known as JPMorgan Chase Bank, is one of the oldest banks in the United States providing banking products and services for millions of people: from individuals to corporate and government clients. Since the foundation in 1799, the bank is continuing to evolve and today is offering flexible loan options for students and parents to cover education expenses. With over 200 years of experience and 5,100 branches, Chase Bank is committed to help students in financing by providing affordable funding.
Chase Student Loans
Chase student loan products include two types of loans (depending on a borrower): Chase Select Private Student Loans for undergraduate and graduate students and Chase Select Graduate Health Professions Loans for graduate students pursuing a healthcare degree.
Chase Bank student loans have strong advantages making these loan options appealing for students. For example, there are no origination or payment fees. In addition, with Chase Select Student Loans funds are sent directly to the school. Table 1 shows the full list of advantages.
Table 1.
Chase student loans: types, fees, funding details
|
Features |
Chase Select Private Student Loans |
Chase Select Graduate Health Professions Loans |
|
|
Undergraduate |
Graduate |
Professional Degree |
|
| No payments while in school | + | + | + |
| No origination fees | + | + | + |
| No payment fees | + | + | + |
| Loans up to your cost of attendance (minus other aid) | + | + | + |
| Funds are sent directly to the school | + | + | - |
Applying for Chase Student Loans
There are two form of application available. A student can apply online or by contacting a student Loan Representative toll-free at 1-866-306-0868. It’s necessary to provide documentation related to your current assets, tax returns and educational plans when applying. Typically the applying process starts by submitting the chase student loan application. To complete Chase Select application you need:
- Full name
- Social Security Number
- Date of birth
- Permanent address and number of years there
- Home telephone number
- Monthly rent or housing payment
- Employment information
- Gross Annual Income
To make your application process easier, prepare the information above in advance. In addition, accepting loan terms is the imperative step. Remember, to read all details carefully several times.
Online Resources
Chase provides visitors with free online tools. There are useful articles covering various topics: from the difference between federal and private loans to details about cosigning loans. For students who are planning to attend college or university, a Budget calculator is also available.
