MORE DETAILS
See list of eligible schools1
$1,000/year minimum credit
Terms
20 years if balance is less than $40,000
25 years if balance is or is greater than
$40,000
Line of credit, instead of multiple loans, makes new funding easy
Variable or Fixed interest rate options
Funds disbursed directly to school at the time(s) the school specifies
Deferment of principal and interest while in school, as well as the option to pay interest or start payments while in school.
Flexible repayment terms, including graduated repayment for two years
No origination fee
Line limits: Cost of Attendance (COA) less other financial aid received (as certified by the school) $75,000 maximum over college career
Co-borrower release option is available to credit worthy primary borrowers who make 48 consecutive on-time payments during the principal and interest repayment period, make automated payments, and meet additional requirements (such as salary and debt-to-income ratio). You must apply and be approved for this option after the 48- month period. Other terms and conditions may apply, and option may be revoked or modified without notice.