SIUE has a list of commonly used lenders for you to consider. These lenders were chosen for their good service to our students and their great repayment benefits. We will, however, process any loan application from any lender the student chooses; students and parents are ALWAYS allowed to choose their lender.
To apply with one of our commonly used lenders, please select ONE lender from the list below.
Remember: students and parents are always allowed to choose their own lender.
| Terms & Conditions |
| ||
| Interest Rate | Variable: Index + 0% to 2.5% Fixed: 6.79% APR to 7.89% APR | Variable: As low as 4.13% - 6.90% Fixed: As low as 6.48% - 8.89% APR | Variable 2.25% APR to 9.72% APR Fixed 5.74% to 12.23% APR |
| Annual Max: | Cost of education less aid | Cost of education less aid | Cost of education less aid |
| Aggregate Max: | $180,000 | $180,000 | $78,400 |
| Enrollment: | Full time or half time | Full-time, half-time, or less than half-time | Full-time |
| Origination Fee: | Zero | Zero | Zero |
| Repayment Begins: | 9 months after graduation/separation | 6 months after graduation / separation | In school with flexible repayment options - choose affordable fixed payments of $25 a month or make full interest payments to save even more over the life of the loan. |
| Fees at Repayment: | None | None | None |
| Repayment Period: | 20 Years | 20 years | Up to 25 years |
| Interest Capitalization: | At repayment | At repayment | N/A |
| Co-signer Required: | Not required but may improve loan terms | Most students will require a co-signer | Most students will require a co-signer |
| Disclosure Statement: | |||
| Apply |
