What you
to know.

Funded by Cognition Lending

Annual Percentage Rate:

All of our loans have a variable interest rate. APRs currently range from % APR to % APR3. Where your APR falls in that range depends on several factors:

  • Your and, if applicable, your cosigner's credit histories
  • The repayment option and loan term you chose
  • The amount of money you're requesting, along with other information from your application.

Save 0.25%

When you sign up to auto-pay your loan.2

Repayment Term Length7

The raise^ private student loan comes with three different repayment term options: 5-, 7- and 10-years, meaning you have 5, 7, or 10 years to repay the full amount of principal and accrued interest.

  1. Pay your loan off earlier and pay less in accrued interest with a 5-year repayment term.
  2. Or you can have a lower monthly payment and more time to pay your loan back with a 10-year repayment term.

Repayment Options

With our loans, you have two repayment options, so you can choose the one that best suits your situation.1 Remember, choosing a repayment plan is important and could make a big difference in the overall cost of your loan. Interest begins accruing when the first payment is sent to your school.

Immediate Repayment

With immediate repayment, you start making monthly principal and interest payments within 30-60 days following the final disbursement of your funds to your school.

Interest Only1

When you choose Interest Only, you'll pay monthly interest payments while you're in school, but not principal payments. Once you graduate or drop below half-time status there will be a six-month grace period8, then you'll have to start making principal and interest payments.9

Explore Your Options.

Use our comparison tool to see how different terms and repayment options affect your
payments and overall costs.1

Select different options to see how they may affect a loan.

Lowest Rate Highest Rate
Amount Requested $10,000 $10,000
Current Interest Rate
Monthly Payment (while in school)
Monthly Payment (during repayment)
Deferment Period (in months)
Repayment Period (in months)
Origination Fee
Estimated Total of Payments