Loan benefits
Choose the student loan that's right for you
Multiple repayment options*footnote 1
Deferred repayment, Interest repayment, or Fixed repayment.
Rate discounts
Receive a 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.footnote 2 Plus, get an additional 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit.footnote 3
Borrow from $1,000 up to 100%
of the school-certified expenses.*footnote 4
Cosigner release
Apply to release your cosigner from your loan after you graduate, make 12 on-time principal and interest payments, and meet certain credit requirements.footnote 5
No origination fee or prepayment penalty.footnote 6
* These benefits are only available with our Smart Option Student Loans and our suite of graduate loans.
Apply for an
Undergraduate or career training
Smart Option Student Loan® for:
Undergraduate students
For bachelor's and associate's degrees or a certificate at a degree-granting school
Variable rates: 4.37% - 16.49% APRfootnote 1 Fixed rates: 3.19% – 16.99% APRfootnote 1
Lowest rates shown include the auto debit discount. 10-15 year repayment term of principal and interest payments.footnote 7
Career training students
For professional training and trade certificate courses (culinary, technical, etc.) at a non-degree-granting school
Variable rates: 4.37% - 16.73% APRfootnote 8 Fixed rates: 3.19% - 17.18% APRfootnote 8
Lowest rates shown include the auto debit discount. 10-15 year repayment term of principal and interest payments.footnote 9
Apply for a
Graduate school loan
MBA Loan
Pay for your business school expenses as you pursue your Masters of Business Administration degree.
Variable rates: 4.37% - 13.98% APRfootnote 10 Fixed rates: 3.19% – 14.99% APRfootnote 10
Lowest rates shown include the auto debit discount. 5-15 year repayment term of principal and interest payments.footnote 11
Medical School Loan
Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine.
Variable rates: 4.37% - 13.96% APRfootnote 12 Fixed rates: 3.19% - 14.98% APRfootnote 12
Lowest rates shown include the auto debit discount. 20-year repayment term of principal and interest payments.footnote 13
Dental School Loan
Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics.
Variable rates: 4.37% - 13.97% APRfootnote 12 Fixed rates: 3.19% - 14.98% APRfootnote 12
Lowest rates shown include the auto debit discount. 20-year repayment term of principal and interest payments.footnote 14
Graduate School Loan for Health Professions
Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health degrees.
Variable rates: 4.37% - 13.98% APRfootnote 10 Fixed rates: 3.19% - 14.99% APRfootnote 10
Lowest rates shown include the auto debit discount. 10-15 year repayment term of principal and interest payments.footnote 15
Law School Loan
Pay for your school and associated expenses as you study for your law degree.
Variable rates: 4.37% - 13.97% APRfootnote 16 Fixed rates: 3.19% - 14.99% APRfootnote 16
Lowest rates shown include the auto debit discount. 10-15 year repayment term of principal and interest payments.footnote 17
Graduate School Loan
Pay for your school and associated expenses as you pursue your master’s or doctoral degree.
Variable rates: 4.37% - 13.98% APRfootnote 10 Fixed rates: 3.19% - 14.99% APRfootnote 10
Lowest rates shown include the auto debit discount. 10-15 year repayment term of principal and interest payments.footnote 18
Apply for an
After graduate school loan
Bar Study Loan
For expenses associated with fees and living costs as you study for the bar exam. Bar Study Loans are intended to cover expenses not included in your school’s cost of attendance.
Variable rates: 7.13% - 16.74% APRfootnote 19 Fixed rates: 7.01% - 15.26% APRfootnote 19
Lowest rates shown include the auto debit discount. No origination fee or prepayment penalty.footnote 6
Borrow from $1,000 up to $15,000
Bar Study Loans are intended to cover expenses not included in your school's cost of attendance.
Medical Residency and Relocation Loan
For expenses associated with taking board examinations, travel for interviews, and moving for your medical residency. Residency and Relocation Loans are intended to cover expenses not included in your school’s cost of attendance.
Variable rates: 7.00% - 12.45% APRfootnote 20 Fixed rates: 6.40% - 11.89% APRfootnote 20
Lowest rates shown include the auto debit discount. No origination fee or prepayment penalty.footnote 6
Borrow from $1,000 up to $30,000
Medical Residency and Relocation Loans are intended to cover expenses not included in your school's cost of attendance.
Dental Residency and Relocation Loan
For expenses associated with taking board examinations, travel for interviews, and moving for your dental residency. Residency and Relocation Loans are intended to cover expenses not included in your school’s cost of attendance.
Variable rates: 7.00% - 12.45% APRfootnote 20 Fixed rates: 6.40% - 11.89% APRfootnote 20
Lowest rates shown include the auto debit discount. No origination fee or prepayment penalty.footnote 6
Borrow from $1,000 up to $30,000
Dental Residency and Relocation Loans are intended to cover expenses not included in your school's cost of attendance.