In conjunction with the Association of Chiropractic Colleges (ACC), Ed-Invest is pleased to provide U.S. citizens this loan that can help bridge the gap between the cost of education and other financial aid.

Credit Criteria

You may qualify for this loan without a co-signer if you have an excellent credit history and are considered credit- ready. This means you have a positive credit history and have made continuous and prompt payments on all credit obligations such as mortgages, personal loans, credit cards, retail accounts, auto loans and education loans.

You may also qualify for this loan as a creditworthy borrower. This means you meet the credit-ready guidelines, as stated above, and also meet the debt to income ratio of 40% or less. If you qualify as a creditworthy borrower, you may borrow up to the cost of education, less other aid.

If you do not meet the foregoing credit criteria, you will need a creditworthy co-signer who is either a U.S. citizen or permanent resident or a Canadian citizen.

Co-signer Eligibility

Co-signers must have a satisfactory credit history and meet certain income requirements and other credit criteria.

Loan Amounts

If you qualify as credit-ready, you may borrow up to $10,000 to help cover education expenses including tuition and fees, room and board, and other school related costs on your own signature. If you are a creditworthy borrower or apply with a creditworthy co-signer, you may borrow up to the full cost of education, less other financial aid. Your school's Financial Aid Office will determine the amount you are eligible to borrow.

Interest Rate

The interest rate is variable (adjusted quarterly) based on the U.S. Prime Rate. Depending on your credit history, this rate may be the applicable Prime Rate, the Prime Rate plus 1.0%, or the Prime Rate plus 1.5%. Interest that accrues during the in-school, grace and deferment periods will be added to the principal balance (capitalized) when you enter repayment.

Prepaid Finance Charge

The Prepaid Finance Charge is based on your and, if applicable, your co-signer's credit history, and will vary from 8.0% to 12.0%.

Repayment Terms

Example 1
Loan Amount	Principal at Repayment	Repayment Term (Months)	Prepaid Finance Charge%	Monthly Payment Amount	APR*	Finance Charge	Total Payments
$5,000	$6,531.69	170	8.0%	$51.21	4.843%	$3,705.35	$8,705.35
$10,000	$13,063.38	240	8.0%	$80.89	4.745%	$9,414.31	$19,414.31
$15,000	$19,595.07	240	8.0%	$121.34	4.745%	$14,121.46	$29,121.46

These examples are based on the following assumptions and your loan may be different. The interest rate is 4.25%. The Prepaid Finance Charge is 8.0% of the sum of the Loan Amount and the Prepaid Finance Charge. There is a 9-month grace period and a 20-year repayment period. There is a minimum monthly payment of $50.00. The in-school period is four years. Interest is capitalized at repayment. Principal at Repayment consists of the Loan Amount, plus the Prepaid Finance Charge, plus interest capitalized at repayment. *The APR may increase after the loan is made.

Example 2
Loan Amount	Principal at Repayment	Repayment Term (Months)	Prepaid Finance Charge%	Monthly Payment Amount	APR*	Finance Charge	Total Payments
$5,000	$7,233.32	240	12.0%	$50.78	6.510%	$7,188.16	$12,188.16
$10,000	$14,466.65	240	12.0%	$101.57	6.510%	$14,376.31	$24,376.31
$15,000	$21,699.97	240	12.0%	$152.35	6.510%	$21,564.47	$36,564.47

These examples are based on the following assumptions and your loan may be different. The interest rate is 5.75%. The Prepaid Finance Charge is 12.0% of the sum of the Loan Amount and the Prepaid Finance Charge. There is a 9-month grace period and a 20-year repayment period. There is a minimum monthly payment of $50.00. The in-school period is four years. Interest is capitalized at repayment. Principal at Repayment consists of the Loan Amount, plus the Prepaid Finance Charge, plus interest capitalized at repayment. *The APR may increase after the loan is made.

The interest rate on the ACC U.S. Private Loan is variable, based on the U.S. Prime Rate. Depending on your credit history, this rate may be the applicable Prime Rate, Prime Rate plus 1.0% or Prime Rate plus 1.5%. The Annual Percentage Rate will fluctuate with changes in the Prime Rate.

Monthly payments made up of principal and interest remain fixed throughout the repayment period. Any increase or decrease in the interest rate will be reflected in the length of the repayment period, not in the monthly payment amount. However, if the loan term reaches the Maximum Repayment Period of up to 270 months, then rate increases will cause an increase in the monthly payment amount.

Annual Percentage Rate (APR) is the effective interest rate when the Prepaid Finance Charge and accrued interest are included.

Finance Charge is the interest paid over the life of the loan, including the Prepaid Finance Charge.