Student Loan Rates
Undergrad Student Loans | 12-20-2024
Sign up for Rate Alerts| Product | Amount Financed | APR |
|---|---|---|
| Private Student Line of Credit (Variable) | Up to $75,000 | 7.75% - 15.75%TV1 |
| Private Student Line of Credit (Fixed) | Up to $75,000 | 7.00% - 15.75%TF |
1Rates are variable and based on the highest Prime Rate as published in the Money Rates Section of The Wall Street Journal (Index) plus a Margin. The Index plus the Margin equals the Interest Rate. The Index is based on the Prime Rate as of the first business day of the last month of each quarter (March, June, September, December). Changes in the Index will cause changes in the Interest Rate on the first day of the following quarter (January 1, April 1, July 1, October 1), and the Interest Rate will never be less than 1.99% or greater than 18.00%, regardless of the index or any rate discount.
V Variable Rates.
F Fixed Rates.
T Tiered Rates. Tiered Rates are based on credit qualifications and other factors specific to your loan and may be higher than the lowest rate published.
Student Loan Refinance | 12-20-2024
| Term | APR | Amount Financed | Payment2 |
|---|---|---|---|
| 5 Year Fixed | 6.75% - 15.50%TFD | $5,000 - $125,000 | $19.68 – $24.05 |
| 10 Year Fixed | 7.25% - 16.00%TFD | $5,000 - $125,000 | $11.74 – $16.75 |
| 15 Year Fixed | 7.75% - 16.75%TFD | $5,000 - $125,000 | $9.41 – $15.21 |
| 5 Year Variable1 | 7.50% - 15.50%TVD | $5,000 - $125,000 | $20.04 – $24.05 |
| 10 Year Variable1 | 8.00% - 16.00%TVD | $5,000 - $125,000 | $12.13 – $16.75 |
| 15 Year Variable1 | 8.50% - 16.50%TVD | $5,000 - $125,000 | $9.85– $15.00 |
**Important Notice: Remember that by refinancing federal student loans, you may lose certain borrower benefits from your original loans. These may include interest rate discount, principal rebates,suspension of payments, or some cancellation/forgiveness benefits that can significantly reduce the cost of repaying your loans. Please consider these benefits carefully when considering your options for refinancing federal student loans. The federal government has temporarily paused payments and interest on federal student loans. The U.S. Department of Education provides updates regarding the pause end date. Visit studentaid.gov/coronavirus for the latest information.
1Rates are variable and based on the highest Prime Rate as published in the Money Rates Section of The Wall Street Journal (Index) plus a Margin. The Index plus the Margin equals the Interest Rate. The Index is based on the Prime Rate as of the first business day of the last month of each quarter (March, June, September, December). Changes in the Index will cause changes in the Interest Rate on the first day of the following quarter (January 1, April 1, July 1, October 1), and the Interest Rate will never be less than 1.99% or greater than 18.00%, regardless of the index or any rate discount.
2Estimated Payment per $1,000 Borrowed.
V Variable Rates.
F Fixed Rates.
T Tiered Rates. Tiered Rates are based on credit qualifications and other factors specific to your loan and may be higher than the lowest rate published.
D Rates reflect a 0.25% discount for optional enrollment in automatic electronic payments.
All loans subject to credit qualification and additional criteria, including graduating from an approved school.