• Borrow from $3,000 to $50,000 per school year, up to the full cost of attendance
• Flexible payment options include Total Deferment while in school
• All Four Years™ program allows borrowers to quickly and easily re-apply each consecutive college year at a preferred rate
• Interest rates among the lowest in the industry
• Added Interest rate savings of .25% for automated payments¹ and .50% for good payment history²
• Co-signers may be released after 48 consecutive on-time payments

• High approval rates — particularly when applying with co-signers
• No deadlines — apply any time of the year
• PlanAhead Tuition™ lets you set the date you get your money
• No prepayment penalties or hidden fees and charges
• Additional funds available for study abroad programs
• Help as needed from student loan professionals

¹Accounts in Total Deferment are not eligible for this rate reduction until repayment begins.

²Make your first 48 consecutive monthly loan payments by the payment due date, and receive a .25% rate reduction for the remaining term of your loan.

Ranges of Interest Rate

Our loans have adjustable rates based on the Prime Rate (4.00% as of November 2008), plus or minus a margin based on the credit worthiness of the borrowers.

* Includes a 0.25% discount for automated payments.¹ An additional discount of 0.50% for good payment history is available after your first 48 consecutive on-time payments.

Fees

An Origination Fee of 0% - 10%, as determined by loan amount and the credit worthiness of the borrowers, may be added to the principal amount of the loan.

Repayment Term

Loans are amortized over 20 years, although there are no prepayment penalties.

Repayment Options

• Immediate: Principal and interest payments begin as soon as the loan is disbursed.
• Interest-Only: Interest payments begin as soon as the loan is disbursed and continue for up to 7 years, or 6 months after graduation/student leaves school, whichever comes first.
• Total Deferment: No payments of principal or interest until 6 months after graduation.

Eligibility

Borrowers must be U.S. citizens or U.S. permanent residents. Income must be verified reliable and sufficient to repay the amount borrowed in addition to existing debts and obligations. Borrowers must have established credit history.

Co-signers

Creditworthy co-signers will assist in securing the maximum loan amount with the best possible rates and terms.

¹Accounts in Total Deferment are not eligible for this rate reduction until repayment begins.

Do I need co-signers?

If you are a student, it is strongly recommended that you apply with creditworthy co-signers, such as both parents or other close relatives, not only to maximize the amount you're eligible to borrow, but also to obtain more beneficial loan terms.

Are there any application deadlines?

You can apply at any time, even after a semester has begun.

Can my rate be lowered after I have the loan?

Yes. Loan to Learn offers multiple ways to lower your rate, allowing as much as .75% in total interest rate savings.* Please see Pricing and Terms for more details.

What if I don't need my money right now?

The PlanAhead Tuition™ program that lets you set the date you get your money. So, get pre-approved today and be assured that you will have the funds to cover all of your education expenses. Have the check arrive when you need it. So apply today!

What can a Study Abroad Loan be used for?

These loans can be used for all education-related expenses including tuition, room and board, off-campus housing, living expenses, books, fees, computers, previous year's school fees - including study abroad.

What do I need to know to apply for a Study Abroad Loan?

A comprehensive list of everything you need to know about applying for a Study Abroad Loan, including required documents, monitoring the status of your loan, contact information and more can be found in the Student Loan FAQs.

*Accounts in Total Deferment are not eligible for rate reductions until repayment begins.