College is an exciting time, full of new opportunities and experiences. Our aim is to make financing college easier so you can focus on what's really important - achieving your dreams of a higher education at the school of your choice!
The Student Choice Undergraduate private loan solution was designed to fill the funding gaps that may exist after all-lower-cost sources of aid (including scholarships, grants and Federal Stafford loans) have been exhausted.
Our private student loan solution:
- Helps fill the funding gap that exists after lower-cost sources of aid have been exhausted.
- Offers zero origination fees and lower rates* than many other lenders.
- Allows for fully deferred payments while students are in school (optional).
- Is structured as a Line-of-Credit (LOC), which can be used over multiple years throughout an undergraduate career. Each year, students simply determine how much of the eligible LOC amount they'll need - without having to complete an entirely new application!
- Offers flexible repayment options resulting in lower initial payments after graduation.
- Gives members the chance to reduce your interest rate by 0.25% during full repayment when you enroll in automatic payment. If your line of credit is subject to a floor rate (also known as a minimum interest rate) as specified in your promissory note, your rate will never be less than the floor rate.
- Provides funding from a financial institution you can trust.
*Rates, terms and conditions are subject to change without notice. Loan subject to credit approval.