FINANCIAL AID

Private Loan Lenders

Private Loan Product Product Features & Borrower Benefits Private Loan Disclosures Lender Information & Application Link
American State Bank Private Loan
  • Co-signer Option
    • Prime + 2.50%, to view current rates click here
    • No origination fees
    • Cosigner release option available after 36 on-time consecutive payments
  • No co-signer Option
    • Prime + 5.25%, to view current rates click here
    • 8.00% origination fee
  • $500 minimum loan amount
  • 0.25% auto debit repayment deduction

Loan Application Disclosure

1-800-542-6005

Application Link

Iowa Student Loan Partnership Loan
  • Fixed Rate Options ranging from 7.75% to 7.90%
  • Variable Rate Options ranging from LIBOR + 4.25% to LIBOR +4.35%
  • 0.25% auto debit repayment options
  • Co-signer release available after 48 consecutive on-time principal and interest payments
  • Options to make interest payments or defer payments while in school
  • 0% to 4% origination fees
  • Repayment will begin anywhere from 6 to 10 months after graduation, based upon the option you choose
  • $500 minimum loan amount, can be higher depending on state of residency

Residential Disclosure (PDF)

Non-Residential Disclosure (PDF)

1-800-542-6005

Application Link

Discover Student Loans
  • Choose your rate type:
    • Variable interest rates are Prime + 0% to Prime + 5.00%
    • Fixed interest rates range from 5.49% to 9.99%
  • No origination fees
  • Repayment begins 6 months after graduation or after less than half time enrollment
  • $1000 minimum loan amount
  • 0.25% auto debit repayment deduction
  • 2% Graduation Reward

Discover Student Loans (PDF)

1-877-728-3030

Application Link

Sallie Mae Smart Option Loan
  • Choose your rate type:
    • Variable interest rates are based on LIBOR + 2.0% to LIBOR + 9.875%
    • Fixed interest rates range from 5.75% to 12.875%
  • No origination fees and no prepayment penalty
  • Deferred payment
  • 0.25% interest rate reduction with AutoPay in repayment
  • $1000 minimum loan amount
  • Applying with cosigner may help you qualify for a lower interest rate
  • Co-signer release available after 12 consecutive on-time principal and interest payments

SOSL Loan App and SoIDisclosure (PDF)

1-888-272-5543

Application Link

Wells Fargo Collegiate Loan
  • Pay later - Make no payments until 6 months after leaving school
  • Choose your rate type - Choose from a competitive fixed or variable interest rate
    • Variable interest rate as low as 3.40% APR
    • Fixed interest rate as low as 6.62% APR
  • Lower your monthly payments - Reduce interest rate up to 1.00% for limited time with new or existing Wells Fargo Checking Package account, and an additional 0.50% with auto payment and graduation discounts
  • Avoid costly fees - Pay no origination fees
  • Learn immediately if you qualify - Receive credit approval within minutes
  • Gain peace of mind - Loan forgiveness in event of student death or total permanent disability
  • Ensure a fast process - Applying with cosigner may help ensure lowest interest rate and fastest process

Collegiate Disclosure (PDF)

1-800-658-3567

Application Link