A private student loan built for the student. FINALLY.

Custom private student loans with the options¹ you need.

Funded by Cognition Lending

We Want You to Succeed.

We provide you with access to the funds you need.

So Much More Than Tuition.

Take care of eligible expenses like lab fees, housing costs, and books with one private student loan.

Reduce Your Interest Rate by 0.25%.²

Sign up to make automated payments during your repayment period and pay less.

WE GIVE YOU OPTIONS¹

Choose when you pay and how
long you pay.

Learn more >

APRs START AT
%³

Get started >

SEE HOW IT ALL ADDS UP

Use our calculator to explore different rates and plans.

Start exploring >

"We want to see you succeed, so we're here to help you get there."
-John Costa, Customer Service

Raising the Bar

You chose your school.
Now choose your loan.

We are about giving you the tools you need for personal growth. Cognition Lending has access to a wealth of data that helps us make private student loans more accessible to you so you can achieve your potential. We know education is an investment in yourself, and the raise^ private student loan program is here to make sure nothing stands in your way.

Our Step-By-Step Process

Fill out your application in as little as 10 minutes. That's it. And since it's electronic, your i's are already dotted and your t's already crossed. Complete your application and submit it for a credit decision.

Now's your chance to play with our options. See how different terms and repayment options¹ may affect your monthly payments and overall cost so you can select the options that fit your situation.

Our easy to use comparison tool will help you understand what it all means.

Once you've picked your options¹, we may ask you to verify some of the information from your application. You'll then receive, review, and accept the terms of your loan—you can even do it all online.

We'll check with your school's financial aid office and make sure you're getting the amount you need.

This is the easy part: now you can book your loan. Once you do, you'll have a 3-day period to cancel. After that, the funds are sent directly to your school.

Choose between making full or interest-only payments while you're in school.¹

Who Can Apply?

Anyone can apply—go-getters, underdogs, studiers, dreamers, conquerors, readers, rock climbers, writers, revelers, dog-owners, and just all around fun-time-seeking people—as long as you're:

A US citizen or permanent resident who, if you're the student, is a permanent resident of Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Indiana, Maryland, Massachusetts, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, South Carolina, Tennessee, Texas, Washington or West Virginia, or, if you're the cosigner, not a permanent resident of Wisconsin.
Attending an eligible college or university at least half-time (a list of eligible schools can be found in the first section of the application).
Earning income (or have a cosigner that does).
Able to enter into a contract at the time of application.⁴
Able to meet the credit and other guidelines in place at the time of your application.

Cosigners Welcome

Don't Have A Lot
Of Credit History?

Not a problem. Applying with a cosigner is easy, and may help you qualify or get a lower rate.

Pay less later when you start paying now.

You can choose to begin repayment while you are in school, or you can pay only the interest while in school and defer your full payments until after you graduate.⁵

Need a cosigner?

No worries. A good cosigner is someone with good credit history�often a parent or grandparent though it doesn't have to be.

raise^ is a trademark of Cognition Lending Corporation.

You can contact us via phone at 800.218.4541.

The lender on the raise^ private student loan program is Cognition Lending 200 Clarendon Street, 3^rd Floor, Boston, MA 02116. NMLS number 957936. The NMLS Consumer Access page is: http://www.nmlsconsumeraccess.org/. Loans made in California are made pursuant to California Finance Lenders Law license 60DBO 57.

Before applying for a raise^ private student loan, Cognition Lending recommends comparing all aid alternatives including grants, scholarships, and both federal and private student loans.

To qualify, an applicant must be a U.S. citizen or permanent resident, enrolled at least half time in an eligible school, at least 18 years old (or the applicable state age of majority), and meet Cognition Lending’s underwriting requirements. Certain restrictions and limitations may apply. Cognition Lending reserves the right to change or discontinue these programs without notice. All loans are subject to approval. The raise^ private student loan program is available only to students with a permanent residence in Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Indiana, Maryland, Massachusetts, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, South Carolina, Tennessee, Texas, Washington or West Virginia and cosigners in any state except Wisconsin.

Cognition Lending may sell your raise^ private student loan to a third party. All borrower benefits set forth in your credit agreement that are not subject to the discretion of Cognition Lending must be honored by any potential purchaser provided you qualify for such benefits.

¹ Any applicant who applies for the loan the month of, the month prior to, or the month after their graduation date, as stated on the application or certified by the school, will only be offered the immediate repayment option.

² 0.25% interest rate reduction applies when full payments (including both principal and interest) are automatically drafted from a bank account. Interest rate reduction(s) will remain on the account unless (1) the automatic deduction of payments is stopped (including during deferment or forbearance) or (2) there are three automatic deductions returned for insufficient funds within the life of the loan.

³ The variable interest rate currently ranges from % – % (APR % – %). The variable interest rate for each calendar month is calculated by adding the current One-month LIBOR index (published on the 25th day, or the next business day thereafter, of the month immediately preceding such calendar month, and rounded up to the nearest 1/8th of one percent) to your margin. Margins currently range from %-%. The current One-month LIBOR index is % on . LIBOR stands for London Interbank Offered Rate. The One-month LIBOR is published in the "Money Rates" section of the Wall Street Journal (Eastern Edition). The interest rate will be determined after you apply. The variable interest rate and Annual Percentage Rate (APR) depend upon (1) the student’s and cosigner's (if applicable) credit histories, (2) the repayment option and loan term selected, and (3) the requested loan amount and other information provided on the online loan application. If approved, applicants will be notified of the rate qualified for within the stated range. The variable interest rate will increase or decrease if the One-month LIBOR index changes, but will never exceed 16%. Rates and terms effective for applications received on or after . Interest will begin to accrue as of the first disbursement date.

⁴ The legal age for entering into contracts is 18 years of age in every state except Alabama (19 years old), Nebraska (19 years old, only for wards of the state), and Mississippi and Puerto Rico (21 years old).

⁵ Make interest only payments while student is enrolled at least half time in a Title IV eligible school. Principal payments will begin the earlier of six months from the date on which the student graduates or falls below half time at a Title IV eligible school, but no later than 66 months from the first disbursement date. Interest will begin to accrue as of the first disbursement date.

⁶ The initial credit review is based on all the information you and your cosigner (if applicable) provide during the application process and the information obtained from your credit report (and any cosigner’s credit report). If you pass the initial credit review, documentation will be requested to verify your identity and annual income. A signed Loan Packet, including the Credit Agreement, Approval Disclosure and Applicant Self-Certification Form is required before a final loan decision is made. Your school will be required to certify the loan amount for the upcoming academic year/semester prior to disbursement.

⁷ Payment examples (all assume a 45-month deferment period and a six month grace period before entering repayment): 5 year term: $10,000 loan disbursed over two transactions with interest only repayment a 5-year repayment term (60 months) and a % APR would result in a monthly principal and interest payment of ; 7 year term: $10,000 loan disbursed over two transactions with interest only repayment a 7-year repayment term (84 months) and a % APR would result in a monthly principal and interest payment of ; 10 year term: $10,000 loan disbursed over two transactions with interest only repayment a 10-year repayment term (120 months) and a % APR would result in a monthly principal and interest payment of .

⁸ Length of grace period may be shorter than six months for students enrolled in school for longer than 60 months. The immediate repayment option does not have a grace period.

⁹ Making interest only payments while in school will not reduce the principal balance of the loan. Interest will begin to accrue as of the first disbursement date.