Private Education Loan Application and Solicitation Disclosure

PRIMARY APPLICANT:	CO-SIGNER (if any):	CREDITOR:
		First Technology Federal Credit Union PO Box 2100 Beaverton, OR 97075 888.422.5680

Loan Insterest Rate & Fees

Your interest rate will be between

8.60%

and

18.00%

After the rate is set, your rate will not vary.

Your Interest Rate (upon approval)

The interest rate you pay will be determined after you apply. It will depend on your creditworthiness, the type of loan you choose, and other factors. If approved, we will notify you of the rate you qualify for within the stated range.

Loan Fees

Late Payment Fee: $29
Returned Payment Fee: $33

Your Interest Rate during the life of the loan

Your rate is fixed. this means that your rate will not change.

Loan Cost Examples

The total amount you will pay for this loan will vary depending upon which option you choose. These examples provide estimates based upon the repayment options available to you. Note that the interest rate and loan term vary based on the repayment option.

Repayment Option (after disbursement)	Amout Provided (amount provided directly to the holder(s) of your existing student loans(s))	Interest Rate (highest possible rate)	Loan Term (how long you have to pay off the loan)	Total Paid over Loan Term (includes associated fees)
1. MAKE FULL PAYMENTS Pay both principal and interest amounts.	$10,000	14.70%	15 years starting when your loan is first disbursed	$24,833.96
2. PAY FULL PAYMENTS Pay both principal and interest amounts.	$10,000	13.20%	10 years starting when your loan is first disbursed	$18,062.89
3. PAY FULL PAYMENTS Pay both principal and interest amounts.	$10,000	12.10%	7 years starting when your loan is first disbursed	$14,876.26
4. PAY FULL PAYMENTS Pay both principal and interest amounts.	$10,000	10.95%	5 years starting when your loan is first disbursed	$13,032.05

About These Examples

These repayment examples are for purposes of comparison only. They are based on the highest rate currently charged and associated fees. The minimum loan amount is $5,000 for repayment option 4, $7,000 for repayment option 3, $10,000 for repayment option 2, and $20,000 for repayment option 1.

Federal Loan Alternatives

Loan Program	Current Interest Rates by Program Type	If you are only refinancing one or more federal loans, you may qualify for a Federal education loan. For additional information, contact your school’s financial aid office or the Department of Education at: www.federalstudentaid.ed.gov
DIRECT CONSOLIDATION LOAN for Students and Parents	Weighted average of interest rates on loans being consolidated, rounded up to the nearest one-eighth of 1% — fixed rate

Next Steps

Find Out About Other Loan Options.

Some schools have school-specific student loan benefits and terms not detailed on this form. Contact your school’s financial aid office or visit the Department of Education’s website at www.federalstudentaid.ed.gov for more information about other loans.
To Apply for this Loan, Complete the Application.

If you are approved for this loan, the loan terms will be available for 30 days (terms will not change during this period, except as permitted by law).

REFERENCE NOTES

Fixed Interest Rate

Your interest rate is fixed.
The interest rate will not change during the life of your loan.

Bankruptcy Limitations

If you file for bankruptcy you may still be required to pay back this loan.

More information about loan eligibility and repayment deferral or forbearance options are available in your loan application and loan agreement.

Eligibility Criteria:

Borrower

You must be 18 years or older at the time you apply.
You must have graduated from an eligible school

Cosigners

Rates are typically higher without a consigner.
Must be 18 years of age or older at the time of loan application.

ACKNOWLEDGEMENT

By signing below, I acknowledge receipt of a copy of this disclosure.

Signature of Primary Applicant:	Date:
Signature of Cosigner Applicant (if any):	Date: