Apply for a student loan

This fixed rate loan provides the security of a locked-in interest rate over the life of your loan.

Apply for a fixed rate loan if you:

• Are planning for one year of expenses at a time.
• Will be able to pay off the loan in a shorter period of time.
• Want a level payment.

Considerations:

• You can borrow up to $80,000.
• Your funds will be distributed to your school each year (Note: most schools split the funding between fall and spring semesters.).
• If you don't make loan payments while in school, you'll have up to 15 years to repay the loan. However, we encourage all students to make room in their college budget for loan contributions.

This variable rate loan offers the flexibility of a lower rate up front, with the possibility of rate increases that depend on the interest rate environment.

Apply for a variable rate loan if you:

• Are planning for one year of expenses at a time.
• Will be able to pay off the loan in a shorter period of time.
• Are comfortable with the rate changing and possibly increasing over time.
• Are looking for a lower rate up front.

Considerations:

• You can borrow up to $80,000.
• Your funds will be distributed to your school each year (Note: most schools split the funding between fall and spring semesters.).
• Assuming you didn't make loan payments while in school, you'll have up to 15 years to repay the loan.