Student Loan Options
We offer two options to fund your graduate and undergraduate educational needs: our Thrivent Private Student Loan with a fixed or variable rate, and our Thrivent Student Tuition Line with a variable rate. Both options have flexible features that can serve your needs depending on your year in school and how much you need to borrow:
- Fixed rate loan: Provides security of a locked-in interest rate over the life of your loan.
- 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.
- Line of credit: Offers flexibility and easy access to funds while in school. You can use all or a portion of the funds certified by your school in the credit line at any time over the course of your education. You will also have a longer repayment term, which can give you a lower payment after graduating.
Compare Your Options
|Feature||Thrivent Private Student Loan
(Fixed and Variable)
|Thrivent Student Tuition Line
(Line of Credit)
|Best for graduate and undergraduate students who||
|Application frequency||Apply each year for what you will need that school year.||Apply once to open your credit line and request first year funding. Thereafter, make an online draw request for subsequent school year (both semesters).|
|Amount you can borrow||Up to $80,000||Up to $80,000|
|Access to funds||You receive the funds you applied for each year, which are disbursed to your school.1||You make a draw request each year, which is disbursed to your school typically in two equal amounts, half for Fall semester and half for the Spring semester.|
|Repayment term||Up to 15 years2||Up to 25 years3|
|Get started||Apply Now||Apply Now|
For general questions on student lending and membership, call 888-271-6397.
For questions about applying or an existing application, call 866-540-3191.
For questions about an existing loan, call 800-999-6227.