Private Student Loan Rates & Terms
Check out these options based on a 10–year, $10,000 loan1


  Interest Rate APR Projected Monthly Payment Total Cost of Loan
Fixed        
Immediate2 X.XXX% – X.XXX% X.XXX% – X.XXX% $XX.XX – $XXX.XX $XX,XXX.XX – $XX,XXX.XX
Interest-Only3 X.XXX% – X.XXX% X.XXX% – X.XXX% $XX.XX – $XXX.XX $XX,XXX.XX – $XX,XXX.XX
Deferred X.XXX% – X.XXX% X.XXX% – X.XXX% $XX.XX – $XXX.XX $XX,XXX.XX – $XX,XXX.XX
Variable        
Immediate2 X.XXX% – X.XXX% X.XXX% – X.XXX% $XX.XX – $XX.XX $XX,XXX.XX – $XX,XXX.XX
Interest-Only3 X.XXX% – X.XXX% X.XXX% – X.XXX% $XX.XX – $XX.XX $XX,XXX.XX – $XX,XXX.XX
Deferred X.XXX% – X.XXX% X.XXX% – X.XXX% $XX.XX – $XX.XX $XX,XXX.XX – $XX,XXX.XX

Application and Solicitation Disclosure

Immediate Fixed

Interest Rate: X.XXX% – X.XXX%
X.XXX% – X.XXX% APR
Projected Monthly Payment: $XX.XX – $XXX.XX
Total Cost of Loan: $XX,XXX.XX – $XX,XXX.XX


Immediate Variable

Interest Rate: X.XXX% – X.XXX%
X.XXX% – X.XXX% APR
Projected Monthly Payment: $XX.XX – $XX.XX
Total Cost of Loan: $XX,XXX.XX – $XX,XXX.XX




Interest–Only Fixed

Interest Rate: X.XXX% – X.XXX%
X.XXX% – X.XXX% APR
Projected Monthly Payment: $XX.XX – $XXX.XX
Total Cost of Loan: $XX,XXX.XX – $XX,XXX.XX


Interest–Only Variable

Interest Rate: X.XXX% – X.XXX%
X.XXX% – X.XXX% APR
Projected Monthly Payment: $XX.XX – $XX.XX
Total Cost of Loan: $XX,XXX.XX – $XX,XXX.XX




Deferred Fixed

Interest Rate: X.XXX% – X.XXX%
X.XXX% – X.XXX% APR
Projected Monthly Payment: $XX.XX – $XXX.XX
Total Cost of Loan: $XX,XXX.XX – $XX,XXX.XX


Deferred Variable

Interest Rate: X.XXX% – X.XXX%
X.XXX% – X.XXX% APR
Projected Monthly Payment: $XX.XX – $XX.XX
Total Cost of Loan: $XX,XXX.XX – $XX,XXX.XX


Application and Solicitation Disclosure

< Estimate My Rate

1 APR or "annual percentage rate," projected monthly payments, and total cost of loan examples are based on a $10,000 loan disbursed in two equal disbursements with a 10–year repayment. The examples assume a 0.50% interest rate reduction for authorizing our servicer to automatically deduct monthly payments from a savings or checking account, and that a cosigner is present on the loan. The interest rate reduction for authorizing our servicer to automatically deduct monthly payments from a savings or checking account will not reduce the monthly payment, but will reduce the monthly finance charge, resulting in a lower total cost of loan. Variable APR rates may increase or decrease depending on fluctuations in the London Interbank Offered Rate (LIBOR) index. Monthly interest rate accrual is based on the published One–Month London Interbank Offered Rate ("LIBOR") as of the last business day of the previous month plus your applicable margin. As of November 30, 2017 the One–Month LIBOR rate is 1.37%.

2 Immediate repayment examples assume a 1% interest rate reduction incentive that is only available to loans with a creditworthy cosigner.

3 Interest–only repayment examples assume a .50% interest rate reduction incentive that is only available to loans with a creditworthy cosigner.

Types of Repayment

Immediate

Most Bang for Your Buck

Don't want to wait to pay back your student loan? No problem. Immediate Repayment offers parents and graduate students a low–cost alternative to the federal PLUS loan and is a great pay as you go option. This plan is ideal for working undergrad and graduate students who are looking to save while funding their higher education expenses.

Interest–Only

In Your Best Interest

Looking for a way to cut the cost of your college loan, but don't want immediate repayment? The Interest–Only Repayment plan provides students with an affordable way to minimize interest expense after college. Perfect for parents, this plan allows parents the ability to contribute towards the cost of college without the commitment of monthly principal payments.

Deferred

Making an Investment

Who doesn't like options? As a competitive alternative to the federal PLUS loan, the Deferred Repayment plan offers parents and students seeking the most flexibility managing college costs. You can always reduce the overall cost of your loan by making additional payments when you have the extra cash. There is never a penalty for prepaying. Pay a lot or pay none while in–school. It's your choice.


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