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When it comes to finding money for college, it’s always nice to have options. raise^ student loans can bridge the gap if your federal student loans and scholarships aren’t enough to pay for college. Here’s everything you need to know about getting private student loans with raise^.
raise^ private student loans overview
raise^ offers student loans with a variety of different repayment terms and options, so you can choose the one that works for you.
If you decide to take out private student loans with raise^, here’s what you need to know:
Loan amounts | Varies by state |
Loan terms | 5, 7, 10 years |
Fees | No fees |
Discounts | Reduce your interest rate by 0.25%. Sign up to make automated payments during your repayment period and pay less. |
Citizenship/Residency: | 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. |
Enrollment | Available to students enrolled at least half time at an eligible institution |
Income | Earning income (or apply with a cosigner that does) |
Repayment | Choose monthly in-school payments of interest only or make full payments immediately |
Cosigner info | Cosigner cannot reside in Wisconsin |
Loan servicer | American Education Services (AES) |
How to get private student loans with raise^
If you need to borrow money to pay for college, federal student loans should be your first choice, after you’ve maxed out your scholarship and grant options. But if you’ve exhausted federal student loans, grants, and scholarships and you still need money for tuition, private student loans can help.
raise^ isn’t one of our partner lenders, but you can use Credible to fill out a single form in 2 minutes and compare prequalified rates from other lenders who offer private student loans.