Identified lenders
HESAA (New Jersey) — NJCLASS Loan · NJ residents only
hesaa.org · 800-792-8670
- Interest rates: 5.99% fixed (10 years), 6.99% fixed (15 years), 7.99% fixed (20 years)
- Repayment options: 10–20 years
- Loan fees: No fees
- Loan limit: Cost of Attendance − other aid
Keystone Student Loan (PHEAA)
keystone.pheaa.org · 1-866-233-3360
- Interest rates: 3.63%–11.17%
- Repayment options: 5–15 years
- Loan fees: No fees
- Loan limit: Cost of Attendance − other aid
Sallie Mae
salliemae.com · 800-472-5543
- Interest rates: 3.49%–15.99% fixed & 4.54%–14.71% variable
- Repayment options: 10–15 years
- Loan fees: No fees
- Loan limit: Cost of Attendance − other aid
Guidance
The above loans are credit based; students with a low credit score or insufficient credit history are encouraged to use a creditworthy cosigner to receive the best interest rate. Repayment options and interest rates are subject to change — please check current options on each lender's website.
Center for Allied Health Education does not endorse or recommend one lender over another, and individuals are free to choose which lender they prefer. Students and parents should fully exhaust their eligibility for federal grants and loans before applying for a private loan, as the interest rate and repayment terms on federal loans are more advantageous than those of private loans.