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How do you make lending decisions?


Funding U determines eligibility using our proprietary SMaRT™ scoring system. SMaRT™ (Student Merit and Risk Test) relies on non-credit variables incorporating 40 years of research. All such data points conform to the Federal Equal Credit Opportunities Act. The SMaRT™ scoring system is designed to predict the probability of an undergraduate college student defaulting on his or her student loan.

We take into account a number of factors largely based on the attributes of successful federal student loan borrowers. We consider: 

  • Your academic success in college - especially in your major
  • Your likelihood to graduate on schedule by taking and passing about 15 credits per semester
  • Your projected total student debt
  • Your projected earnings based on your major
  • The historical data of other students who attended your school


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