Fixed & Variable
We offer two rate options on our Thrivent Private Student Loan to fit your unique situation.
Fixed Rate Loan
Fixed rate loans offer one locked-in interest rate over the life of your loan. This type of loan may be right for you if:
- You are looking for a uniform rate and payment throughout the life of your loan.
- You seek additional security from changes in the interest rate environment.
Variable Rate Loan
Variable rate loans offer the flexibility of a lower rate up front, with the possibility of rate increases dependent on the interest rate environment. This type of loan may be right for you if:
- You are looking for a lower rate up front.
- You are comfortable that your interest rate may reset every quarter.
View rates and repayment options for fixed and variable student loans.