Borrow as much (or as little) as you need.
Everyone’s
personal finances are different. That’s
why eduKey lets you borrow what you need to
pay for college. Depending on your creditworthiness
(or your co-signer’s), you can take out
a private student loan and borrow
up to $30,000 a year for a total of $120,000
over four years.
Choose repayment terms that work for you.
With eduKey, you
can extend your private student loan
repayment period up to 20 years, which
can significantly lower your monthly payment.
So you’ll
have more money available to you each month
when you graduate. You can make extra payments
or pay off your private student loan at any
time without prepayment penalty. Plus, the
interest you pay may be tax
deductible (consult your tax advisor).
Start repaying your
private student loan when you’re ready.
eduKey lets you defer
your private student loan payments until six
months after you graduate or begin
attending school less than half time. So you
can focus on completing your undergraduate
education without the burden of a monthly payment.
Take advantage of additional eduKey benefits.
- No application fee
- No federal forms
- No prepayment penalty
- No long wait to receive
your check
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