Premier loan product with
NO COSIGNERS

LOANS:

  • Same variable interest rate, tied to the federal Direct PLUS rates. Rates change when the federal rates change.

  • 10 year terms.

  • Origination fee of 4.5%.

  • Minimum loan amount is $2,001.

  • No cosigners, and rate not based on credit score.

REPAYMENT:

  • No payments required in school.

  • Automatic 6-month grace period after graduation.

  • Extend deferments depending on financial circumstances.

  • Income-based repayment program offered for a max of 36 months (must qualify).

ELIGIBILITY:

  • Juniors and Seniors

  • Above-average GPA

  • Eligible schools (list of eligible Illinois-based schools, contact us for schools outside of Illinois)

    US citizens

  • Pell-eligible or near Pell-eligible students

    …we are expanding our program to other students soon!


Simple, easy process that works with you throughout your career

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