Degreed Undergraduate Student Loans
Borrow what makes sense.
College graduates working towards a second undergraduate degree or a certificate face the daunting task of paying for increasing tuition and fees. The Educated Borrower® Degreed Undergraduate Student Loan meets this challenge by allowing qualified students to borrow the entire cost of education less other financial aid received. A qualified student borrower, or a student borrower with a qualified co-signer, may borrow up to $45,000 per year and $180,000 in total, subject to the cost of attendance at your school.
No preset maximum income limits.
The Educated Borrower® Student Loan is not based on financial need, which means we'll never dismiss your application because you make more than a certain amount. Every family's needs and finances are different, and we have designed our Degreed Undergraduate loan programs accordingly.
No depletion of current funds necessary.
Access to a second degree, or a certificate, is a long-term investment that generates benefits for a lifetime. To make that access easier, we offer repayment terms of up to 15 years, resulting in lower monthly payments (please click to see our student loan terms, please click here). The Educated Borrower® student loan can provide an alternative to liquidating tax-deferred savings such as 401(K) accounts, taking out home equity loans or borrowing with high-interest credit cards.
Repay When It Makes Sense.
Our loan terms allow students to complete their undergraduate education and defer all student loan payments until 180 days following graduation or when enrollment falls below half time. There are never any prepayment penalties with The Educated Borrower® student loan.
Applying is Simple.
Students may qualify for The Educated Borrower® student loan with their own credit or use a qualified cosigner. There are no student loan application fees or other out-of-pocket expenses to apply for the Degreed Undergraduate Student Loan. Students can finance tuition and fees, room and board, books and supplies, transportation and living expenses and work towards earning that invaluable second college degree or certificate.
As with any private education loan, you should exhaust federal loan options before taking out any private education loan.
Important Note: Loan terms are subject to change at any time and funds cannot be guaranteed prior to final credit approval and the return of a completed application (including a signed application and promissory note and acceptable supporting documents)