Student Loan

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Looking for money for college? Our student loans have got you covered.

There’s a good reason for this. Student loans are an important consideration when you're thinking about how to pay for college. The amount of student loan debt in America hit $1.5 trillion in early 2018.1 That’s almost 10% of the Gross Domestic Product in the U.S.2 Among those who take out student loans, the average student loan borrower has $37,172 in loans at graduation.3 College can cost between $10,000 and $40,000 (or more) each year.4 Multiply $40,000 by four years and you’re looking at a bill of $160,000 at graduation.


Plan for College: Not everyone can afford to pay for school on their own or with their savings, and that’s okay. Even though student loans come with a cost, their purpose can be priceless. A student loan can be used to go to school, which can open all kinds of doors. Through school, you could get a great education and build the foundation for a dream career.

No fees to apply: Perhaps you take out a loan with no fees for $20,000. Depending on if you have a 4% interest rate or an 8% interest rate, your payments will differ.

In-school deferment: Before you get a student loan, you can spend some time looking at what expenses you’ll have for school. Keep in mind that once you take out a loan, you’ll have to eventually pay it back. For this reason, if you take out a smaller amount now, you might be able to pay it off faster in the future.

Special rewardst: Thinking about how much you might have to pay before you take out a student loan will help you prepare to budget for it. It might also help you decide how quickly or slowly you’d like to pay it off.

During the last few years of high school, the topic of student loans is sure to come up at the dinner table. Get ready for holiday meals where questions like "How do student loans work?" and "What is a student loan?" float around as you pass the potatoes to Grandma There’s a good reason for this. Student loans are an important consideration when you're thinking about how to pay for college. The amount of student loan debt in America hit $1.5 trillion in early 2018.1 That’s almost 10% of the Gross Domestic Product in the U.S.2 Among those who take out student loans, the average student loan borrower has $37,172 in loans at graduation.3 College can cost between $10,000 and $40,000 (or more) each year.4 Multiply $40,000 by four years and you’re looking at a bill of $160,000 at graduation.

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