Why choose Edamerica as your federal GradPLUS lender?

• 0% to 1% default fee - based on guarantor
• 0.25% interest rate reduction for auto-debit with continuous on-time payments
• Full deferment of payments while in school at least half time
• Easy online credit pre-approval and application process
• Repayment of your GradPLUS loan is aligned with your Stafford loans
• Flexible repayment options
• Life-of-loan servicing through Edfinancial Services
• 24-hour online account access at Edamerica.net
• Borrow up to the cost of education minus other financial aid received. Many alternative loans have annual and aggregate loan limits.
• Up to 25 years to repay based on flexible repayment plans and total amount borrowed.
  Interest rate may be tax deductible.
• See the GradPLUS difference - compare GradPLUS and private loans.
• There are credit requirements, but debt-to-income or credit scoring is not used. If you are denied based on adverse credit, you may obtain a credit-worthy endorser who is secondarily responsible for the loan.
• Your rate may be lower depending on your state and school. Select the state in which you will be attending school for more benefit information.

How to apply:

• Apply now online!
  Alert:  If you have set a block with a credit bureau for security purposes, it must be cleared before you can complete the online process.
• If you have been denied for a GradPLUS loan, use this form to apply with an endorser (PDF)
  Mail completed endorser form to:
  Edfinancial Services
  PO Box 36014
  Knoxville, TN  37930-9929