The Signature Student Loan offers:
- High approval rates—over 80% of our applicants are approved.
- Tiered interest rates and fees, based on credit, so the better your credit, the lower your interest rate and fees.
- No payments while in school.
- Availability to undergraduate, graduate, and health profession students.
You can apply for a Signature Student Loan if you are attending a 4 or 5 year college or university, a student in good academic standing, and enrolled at least half time and pursuing a degree. International students are eligible, too.
Applying with a co-borrower can save you money. International students, and those students with no credit or an insufficient credit history will need to apply with a creditworthy co-borrower. It is to your advantage to apply with a co-borrower because your co-borrower's credit determines the interest rate and fees. And after you have made 24 consecutive on-time scheduled payments of principal and interest, you may apply to have your co-borrower released. (Student borrowers must meet applicable credit requirements at that time.) Co-borrowers must be U.S. citizens or permanent residents and provide proof of all sources of income.
|Minimum Loan Amount:||$500|
|Maximum Aggregate Loan Amount:|
|With a creditworthy co-borrower:||none|
|Without a co-borrower, the limits are as follows:|
|*Includes all student loan debt
Your school must certify the loan amount requested.
Interest rates are variable, changing quarterly (January 1, April 1, July 1, October 1) and are usually based on the Prime Rate that is published in the Wall Street Journal on the fifteenth day of the month prior to a quarter begins.