Loan options for college
The complete list of private student lenders below includes information on rates, terms, eligibility, and borrower benefits offered by each. Initial rates on variable-rate loans from 3. The federal government offers the Perkins Loan for students with exceptional financial need. Unlike fixed-rate loans, variable loan options for college will fluctuate may fluctuate during the life of the loan. Here you can find the average student loan interest rates on various types of federal loans here.
Custom Choice Loan for undergraduate and graduate students Minimum loan amount: Such changes will only apply to applications taken after the effective date of change. Up to cost of attendance, less any financial aid.
The following is a list of maximum annual awards in each program:. Compare the best student loan options in one place It only takes 2 minutes to get rates from the best lenders. Just keep in mind that even if you defer your loans or opt to use your grace period, the loan options for college on your loans will continue to accrue.
Lowest rates shown requires application with a co-signer, are for eligible applicants, require a 5-year repayment term, borrower making scheduled payments while in school and include our Loyalty and Automatic Payment discounts of 0. Federal loans for undergraduates generally have lower interest rates compared to private loans. Palmetto Assistance Loan for undergraduate students and graduate students Minimum loan amount: Union Federal Private Student Loans funded by Sun TrustBank — details are same as SunTrust Custom Choice Loan, except borrowers who meet credit and income standards may apply for cosigner release loan options for college 36 monthly payments. Some of loan options for college private student lenders below may also offer student loan refinancing.
Fixed interest rates range from 5. After that, schools will no longer be able to issue Perkins loans. Maximum eligibility for Federal financial aid is based on the results of the FAFSA and is outlined on the student's award letter. While alternative student loans are borrowed by loan options for college student, most private loans require a co-signer and offer deferment of principal payments while the student is enrolled.
The loan guarantees low interest rates loan options for college both undergraduate and graduate students. Just keep in mind that even if you defer your loans or opt to use your grace period, the interest on your loans will continue to accrue. The following is a list of maximum annual awards in each program: Graduate students tend to have a higher interest rate.