Parent Loan Possibilities
You raised the student, we raised the bar on loans to pay for school. With your strong credit, you can help pay for your child’s education with a customized parent loan. Like our other loans, we never charge origination fees and provide repayment flexibility. Even better, we give you the option to get up to $2,500 of the loan1 delivered straight to you so you control the spending on extra education expenses like books, electronics, or dorm supplies. Ready to get started? Our application takes just three minutes and you’ll get an instant credit decision.
INTEREST RATES
Variable Rates
5.47% - 10.29% APR
Fixed Rates
6.62% - 11.56% APR
(all rates shown include auto-pay discount)2
Cosigning On a Loan vs. Taking Out a Parent Loan
As a parent, you want only the best for your child. Starting college can be an exciting milestone, and if you’re pitching in financially, you’ll want to explore all of your options. Many parents use student loans as a way to help pay for their kid’s college.
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Rates & Repayments
Make your Payments work for you
The way you repay your parent loan drives how much you can save long-term. If you start making payments sooner, or pay more each month, you can lower the cost of the loan over time. But if your monthly budget requires an option that’s more flexible, we can guide you to a loan that works better for you.
Repayment Options
Interest Only Payment
Pay just the interest charges each month while your child is in school to manage your monthly budget.
- Lowest in-school payment
- Highest overall cost
Interest Plus Payment
As long as you cover at least the interest charges each month, we'll let you set your own monthly payment while your child is in school.3
- Moderate in-school payment
- Moderate overall cost
Full Principal & Interest Payment
Start repaying your principal and interest right away to save the most.
- Highest monthly payment
- Lowest overall cost
of all customers choose a repayment term of 10 years or less
of borrowers are making on time payments
We Offer Major Help And Minor Stress
We’ll help you guide you through the process to find the right loan term, interest rate, and payments right for you and the family budget.
No Surprises Here
Here are some key dates to plan for prior to sending your student off to school.

Shop around for the right loan using our prequalification tool to see your estimated rates.

By now, you should have received a tuition bill. Apply for a loan here in 3 minutes. When your loan is approved, we'll work with the school to certify the loan.

Make sure you've received confirmation that the money is scheduled to be sent to your school.
How We Compare With Other Lenders
Lenders

Comparisons based on information obtained on lenders' websites as of June 27, 2018