Special Repayment Incentives

After graduation, saving money can be really important. Commerce understands. Through our partnerships with Loan Servicers like MOHELA, Sallie Mae, and OSLA, we can help. Depending on where your loan is serviced, these repayment offers may be available to you.

MOHELA Rate Relief Direct Payment Program (Missouri schools only) 1 Available for Federal Stafford, Graduate PLUS or Parent PLUS Loans You can receive a 2.0% (2.5% with a Missouri Guarantee, 3.0% with both a Missouri Guarantee & a Missouri school) rate reduction, if you are enrolled in auto-debit and keep your account current Rate Relief can save you thousands of dollars over the life of your loan Learn more by visiting www.mohela.com or calling 1-800-666-4352. Be sure to let them know that you're a Commerce customer, Lender Code: 813979. Mohela will pay the 1% default fee for all loans with a Missouri Guarantee and Missouri school being serviced by Mohela.

Oklahoma Student Loan Authority Benefits Program2 Available for federal Stafford and PLUS Loans Zero default fee 1% principal reduction for making first three payments on-time 1.5% interest rate reduction for making first 12 payments on-time 1% interest rate reduction for enrolling in auto-debit of monthly payments No prepayment penalties Various repayment plans available

¹ MOHELA reserves the right to modify, expand, or discontinue these programs at any time without notice. Rate Relief is offered exclusively by MOHELA in conjunction with its Lender-Partners and are available to eligible borrowers in repayment whose loans are owned by MOHELA and serviced at our Chesterfield, MO servicing center. These benefits are not applicable to loans placed in Consolidation. These benefits do not lower the monthly payment, but rather reduce the amount of interest that accrues and results in more dollars being applied to the principal balance of the loan. MOHELA may discontinue offering these benefits to any borrower whose account becomes delinquent or in the event an auto-debit is terminated for any reason. Loans guaranteed by the Missouri state guarantee agency may qualify for an increased level of Rate Relief.

² OSLA reserves the right to modify or terminate these repayment benefits at any time without notice. Benefits may be cancelled due to termination of auto-debit or delinquent accounts.

Questions?

When you're ready to start paying off your loan, we're here to help. We'll ask  listen  solve to help you find the solution that is right for you.

Call or e-mail our Student Loan Specialists at
	Phone: 1-800-666-3910
	E-mail: money101@commercebank.com*

*To send an email that contains confidential information, please visit the Secure Message center where there are additional instructions about whether to use Secure Email or Online Banking messaging.