Check out the FAQs to learn more about our no-cosigner student loans.  |  Click here to earn a $200 Amazon gift card for referring a friend to Funding U!

What are your terms, rates, and loan maximums?

New Undergraduate loans for the 2021-2022 school year will have an Annual Percentage Rate (APR) of 7.49% to 12.99%. All loans have a fixed interest rate range of 6.99%* to 12.49% with Autopay or 7.99% to 12.99% without Autopay. The interest rate is fixed, which means that even if market rates change, your monthly payment will remain the same. There is no origination fee. Interest accrues while you are in school.

*The lowest rate shown is available to only seniors with outstanding academic performance and is not typical of the rates offered to most borrowers. Your actual rate will depend on creditworthiness and other factors, such as your school year and GPA.

Terms, rates and loan amounts vary by state of residence.



Return to FAQ