Am I eligible for a Funding U loan?
To qualify for a Funding U loan, you must be
- Either a U.S. citizen, permanent resident, or DACA recipient
- At least 18 years old at time of application
- A full-time undergraduate student at one of our 1450+ partner schools
- Meeting your school’s Satisfactory Academic Progress standards
As Funding U loans are primarily Merit-based, we do assess academics and career paths for loan approval decisions. Due to the limited collegiate academic history of underclassmen, the odds of approval increase with higher grade levels.
While we do not require any specific FICO scores, we do review credit history for documented credit issues (missed payments, collections, etc). All Funding U loans are non-cosigned and parental credit history and/or financial situations do not impact how we review the student application in any way.
- Either a U.S. citizen, permanent resident, or DACA recipient
- At least 18 years old at time of application
- A full-time undergraduate student at one of our 1450+ partner schools
- Meeting your school’s Satisfactory Academic Progress standards
As Funding U loans are primarily Merit-based, we do assess academics and career paths for loan approval decisions. Due to the limited collegiate academic history of underclassmen, the odds of approval increase with higher grade levels.
While we do not require any specific FICO scores, we do review credit history for documented credit issues (missed payments, collections, etc). All Funding U loans are non-cosigned and parental credit history and/or financial situations do not impact how we review the student application in any way.
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