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Financing Your Trip
Paris Summer Study, Inc. is pleased to announce its affiliation with The International Education Finance Corporation. The IEFC is the premier provider of international student loan programs for the rapidly growing population of students who wish to study in foreign countries. Over 20,000 students to date have reached their goal of financing their international educations through the IEFC's innovative and unique loan programs.
IEFC welcomes a new program offered through Chase Bank that provides up to the Cost of Attendance to cover all of your study abroad related expenses while in a Paris Summer Study program. The Cost of Attendance may cover tuition, international flight, living expenses, books, computer equipment and more. Interest Rates are as low as LIBOR +2.25%. Depending upon your credit or that of your co-signer, you may pay higher interest and fees.
IEFC offers three repayment options:
Option 1: Deferred Principal and Interest Repayment: Make no payments for up to four years while continuously enrolled in school. Repayment of principal and interest then begins within 180 days after graduation or withdrawal from school.
Option 2: Immediate Interest Only: Pay only interest for up to four years while continuously enrolled in school. Repayment of principal and interest then begins within 45 days after graduation or withdrawal from school.
Option 3: Immediate Repayment of Principal and Interest: Pay principal and interest in a fixed monthly amount beginning within approximately 45 days after funds are disbursed.
