What’s in a number? When it comes to credit scores, a lot. It plays a major role in your financial life—from the interest rates you receive on loans and credit cards to your insurance premiums. If you're taking out a loan, you need to get in the know about these things.
Whether you’re heading to college, going back to school, or helping a child take the next step, student loans help bridge the gap between today’s savings and tomorrow’s opportunities.
We partner with LendKey to offer student loans that are designed to support your long-term success, as well as refinancing options for your existing student loans.
Our student loan features include:
Tell us about the school you've been accepted to, your program, and how much you need.
We'll work with our partner, LendKey, to look at your financial picture to find the best loan for you.
Your tuition and fees are paid directly to the school so you can focus on living and learning.
Explore answers to common questions from members like you, so you can move forward with confidence.
Student loans are meant for education-related expenses, including tuition, fees, books, housing, required supplies. Even meal plans! Some schools also allow loans to cover transportation and technology needed for your program. You’ll want to check on that.
Your student loan can’t be used for anything outside of education. Things like vacations, entertainment, cars, or non-school living expenses. This loan is exclusively to support your education, not general spending.
Federal loans are issued by the government and may offer lower rates, special repayment plans and other benefits. Federal aid should usually be your first choice for covering college costs, but if it isn’t enough, private student loans can help fill the gap.
Private student loans are often used to fill the gap after federal aid, scholarships, and savings. They can be a good option if you need more funding, want to borrow for specific programs, or qualify for a lower rate based on credit or a cosigner.
Honestly, a lot of students do, especially if they have limited or no credit history. A cosigner can be anyone with strong credit and a reliable income who’s legally willing to be responsible for the debt if you can’t pay it back.
Your repayment plan depends on the loan. Some loan repayments can be deferred while you’re in school, while others offer interest-only or small monthly payments until graduation.
If you’re already repaying student loans, you may be able to lower your rate, reduce your monthly payment, or simplify everything into one loan through refinancing or consolidation. We’ve partnered with LendKey to make this process as quick and easy as possible for you.
