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Students: Undergraduate Loan Programs

OPUS Financial, Inc. Parent PLUS Loan

The OPUS Financial, Inc. PLUS Loan is a federally sponsored low-interest education loan for parents of undergraduate, dependent students. Recently, through the Higher Education Reonciliation Act, graduate and proefessional students will be eligble for this laon effective July 1, 2006.

A PLUS loan lets you borrow up to the full cost of education, including tutition and fees, room and board, books and supplies, transportation, and living allowance, less other financial aid.

OPUS Financial, Inc. Parent PLUS Loan

Academic Year 2006—2007 (Effective July 1, 2006)

Lender Code:

834040

Origination Fee

3%

Guarantee Fee*

1%

Interest Rate

8.5%

Annual Loan Limit

Cost of students education less other aid received

Grace Period

60 days from disbursement

Capitalization

Once at Repayment

Repayment Term

10 Years

Originator/Servicer

Sallie Mae
PO Box 59012
Panama City, FL 32412-9012
Customer Service: (888)272-5543

Effective July 1, 2005 – June 30 2006

Lender Code:

834040

Origination Fee

3%

Guarantee Fee*

0%

Interest Rate

6.10% (91 Day T-Bill + 3.1%)

Interest Rate Capped at 9.00%

Annual Loan Limit

Cost of students education less other aid received

Grace Period

60 days from disbursement

Capitalization

Once at Repayment

Repayment Term

10 Years

Originator/Servicer

Sallie Mae
PO Box 59012
Panama City, FL 32412-9012
Customer Service: (888)272-5543

*Waived by most guarantors

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