Maximum loan amount
Eligible degree programs
Processing Fee
There is no fee to apply for a loan. If you are approved and choose to proceed with the loan, a 5.0% origination fee will be added to your loan balance and must be repaid over the term of your loan. You are not required to pay this fee upfront; instead you pay it back with your monthly loan payments.
You can cancel the loan up to 30 days after disbursement with no charge, penalty or interest
Origination fees are a common loan fee. It covers the cost of processing your loan and having the funds disbursed.