Student Lending Center
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Our innovative Student Choice private student lending solutions are designed to help you responsibly fill funding gaps that may remain after you've exhausted lower-cost sources of aid.
Rates starting at 6.49% APR† variable and 6.99% APR fixed.
Rates starting at 6.49% APR† variable.
Variable Rate Line of Credit
6.49% - 14.99%
Rate Range (APR)
$75,000
Borrow up to
20 or 25 year◊
Repayment Term
Apply Variable
Fixed Rate Loan Solution
6.99% - 15.99%
10 year◊◊
Apply Fixed
Apply with a credit-worthy co-borrower to improve your chance of approval and possibly get a better rate!
You can also reduce your rate by 0.25% by setting up automatic electronic payments**.
Important Disclosures and Rate Details
Pay for any education-related expenses including tuition, books, housing, and more.
Secure funding for your entire undergrad career with just one application* with our variable rate line of credit!
Our counselor can provide 1:1 support for your college funding questions.
There are some key differences between the two – learn more in our downloadable guide, complete with a side-by-side comparison chart.
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With our line of credit products, you will only have to complete the application process once. However, your loan is subject to annual review and credit qualification, and you must continue to meet your school’s Satisfactory Academic Progress (SAP) and enrollment requirements.
Each year, you will simply request additional funds (called a "draw") for the amount you wish to have disbursed to your school (based on your school's certified amount).
Please visit our eligibility page.
Processing times vary based on time of year, document submission, and the school’s own certification process. In general, you can expect the process to take anywhere from 5-45 days, depending on the documentation available.Though your loan may be processed, it is up to the school to "certify" your loan. Certification involves selecting a disbursement date and loan amount for your loan. The school has the final say on when your loan disburses and in what amount.
View all FAQs.
* Subject to annual review and credit qualification. Must meet school's Satisfactory Academic Progress (SAP) requirements. Approved schools subject to change without notice. † APR = Annual Percentage Rate ◊ Variable Rate Option: the repayment term is 20 years if your principal balance at repayment is $40,000 or less, and 25 years if your principal balance at repayment is more than $40,000. ◊◊ Fixed Rate Option: the repayment schedule is fixed at 10 years regardless of the amount you borrow. Full repayment begins at the end of the grace period, unless full repayment is selected during enrollment. ** The APR will not fall below the floor rate regardless of the index or any additional rate discount