VSAC Borrower Benefits for Parents

2007-2008 Academic Year*

Parents automatically qualify!
Borrow a VSAC Parent PLUS loan and automatically qualify for VSAC's great borrower benefits.

BENEFITS*

1% Annual Rebate
      VSAC Parent PLUS loans receive an interest rebate equivalent to 1% of the outstanding principal balance throughout repayment.

SAVINGS**

VSAC’s benefits reduce your overall cost of borrowing.

• Save $1,430 if you borrow $15,000 in VSAC Parent PLUS loans

• Save $3,350 if you borrow $35,000 in VSAC Parent PLUS loans

• Save $7,310 if you borrow $75,000 in VSAC Parent PLUS loans

LEARN MORE

• VSAC Parent PLUS Loan

*Borrower benefits described are for Parent PLUS loans with a first disbursement before 7/1/08, unless otherwise noted. Loans 180 or more days past due are not eligible for the annual interest rebate. VSAC evaluates borrower benefits each academic year and reserves the right to modify, terminate, or discontinue them at any time, at its sole discretion.

**Estimated savings based on loan type, loan terms as of 7/01/07, and 10-year repayment period.