Money-saving borrower benefits

When you get a Parent PLUS Loan from Regions Bank, you may be eligible for benefits that lower the 8.5% interest rate and let you earn a loan credit!

• Earn a 0.50 percentage point interest rate reduction when you choose to have your payments automatically debited from a checking or savings account*
• Earn a 0.50 percentage point interest rate reduction after your first on-time payment with a one-time benefit reinstatement opportunity*
• Earn a 3% loan credit after you make your first 18 on-time payments*
• Upromise ^® Loan Link

Upromise ^® can help you pay down your loan
Take advantage of Upromise Loan Link to help you pay down your loan. Join Upromise and you can earn rewards on your everyday purchases from leading participating companies. Then link your Sallie Mae-serviced loan account to your Upromise account and designate a percentage of the earnings in your Upromise account to be transferred to your eligible Sallie Mae-serviced student loan account on a quarterly basis to help pay down your balance. Join today at http://www.upromise.com/regions .

No payments during school

Payments on a Parent PLUS Loan begin within 60 days of the loan’s final disbursement.  However, with Sallie Mae’s delayed repayment, if you have trouble making payments, you may temporarily postpone making payments through forbearance, including for up to 60 months while your undergraduate, dependent child is in school ^† . Delayed repayment, if you qualify, is available for up to 12 months at a time and is renewable.

For more information, please call 1-800-858-7822 or email Studentlending@regions.com .

Loans are subject to credit approval.
* Terms and conditions apply. The automatic-debit benefit is available during active repayment for as long as the borrower’s monthly payment is successfully deducted from his/her bank account. To qualify for the other 0.50 percentage point interest rate reduction and the 3% loan credit, the borrower must sign up on Manage Your Loans ^SM , prior to the first payment due date, to receive account information by e-mail and make the required number of payments by the due dates as initially scheduled.   The 0.50 percentage point interest rate reduction after the first on-time payment continues during active repayment for as long as the borrower continues to pay as initially scheduled. A borrower who makes a single late payment can re-earn this interest rate reduction once by making the next 24 monthly payments by the due dates as initially scheduled. Loan credit borrower benefit is based on the original principal loan amount (less cancellations, refunds and returns). Borrower benefits are effective for loans owned and serviced by Sallie Mae and first disbursed July 1, 2007 through June 30, 2008 .

† You are responsible for the interest that accrues during this forbearance. Unpaid interest will be capitalized (added to loan principal) so you will pay interest on a higher loan amount. Delaying payment may affect eligibility for borrower benefits.

Upromise Loan Link is a service mark and Upromise is a registered service mark of Upromise, Inc. Sallie Mae is a registered service mark and Manage Your Loans is a service mark of Sallie Mae, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., are not sponsored by or agencies of the United States of America.