abe student loan
Before applying for private student loans, DR Bank and Monogram LLC recommend exhausting all financial aid options, including grants, scholarships and federal student loans.
ABESM student loans are made by DR Bank, Member FDIC (the “Lender”). All loans are subject to individual approval and compliance with the lender’s underwriting guidelines. Program restrictions and other terms and conditions apply. The Lender and Monogram LLC each reserve the right to modify or discontinue products and benefits at any time without notice. Terms, conditions and rates are subject to change at any time without notice.
* With your authorization, DR Bank will initiate a soft credit inquiry to estimate your available rates and loan options. Soft credit inquiries do not affect your credit. Any rates and loan options given to you are estimates only.
1Interest Rates and APR (Annual Percentage Rates): Interest rates and APR (Annual Percentage Rates) depend on (1) credit history of the student and co-signer (if applicable), (2) repayment option and repayment period selected, (3) expected number of years in forbearance, (4) loan amount requested and (5) other information provided on the online loan application. Rates and terms are in effect. of03/10/2026. The variable interest rate for each calendar month is calculated by adding the 30-day average Secured Overnight Financing Rate (“SOFR”) index and a fixed margin specified for each loan. The current SOFR index published on the website of the Federal Reserve Bank of New York is 3.75% as of 03/01/2026. The index or margin applied to variable rate loans may change over time and may result in a different APR than that shown. The fixed rate assigned to a loan will never change, except as required by law or if you request and qualify for an interest rate discount, or receive in-school default protection (see footnote 3). The APR is displayed as a range: The APR assumes a loan of $10,000 with one disbursement. Low APR includes a tenure of 7 years and interest only repayment option, with repayment starting 30-60 days after disbursement through auto payment (see footnote 2). The higher APR includes a 5-year tenure with an interest-only repayment option, a 31-month grace period and a six-month grace period before filing repayments.
2AutoPay Discount: Earn a 0.25% interest rate reduction when making automatic payments from a bank account (“Auto Pay Discount”) by completing the direct debit form available on the Servicer’s website. The auto payment discount is in addition to other discounts. Auto payment discount will be applied after the servicer verifies your bank account information. Automatic payments and related discounts will be temporarily discontinued (1) if you elect to stop the automatic deduction of payments and (2) during periods when you are no longer required to make payments. The rebate will be permanently discontinued if three automatic deductions are returned by the financial institution for any reason.
3 In-School Default Protection: Interest-only or flat payment repayment loans that are delinquent by at least 90 days during the in-school deferment period will automatically convert to the full deferment repayment option. Under these circumstances, the interest rate on the principal interest only loan will increase by one percentage point (1.00%) and the interest rate on the principal flat payment repayment loan will increase by one quarter of a percentage point (0.25%). The credit reporting from before the loan was converted to the full deferred repayment option will remain on your record. Any unpaid accrued interest at the end of the school deferment period may be capitalized as per the credit agreement.
4 Loan Amount: The minimum loan amount is $1,000, except for (a) student applicants who are permanent residents of Iowa, in which case the minimum loan amount is $1,001, and (b) student applicants or co-signers who are permanent residents of Massachusetts, in which case the minimum loan amount is $6,001. The maximum loan amount to cover school expenses for each academic year is determined by the school’s cost of attendance, less any other financial aid certified by the school. The requested loan amount may result in an individual applicant’s total maximum student loan debt (which includes federal and private student loans) not to exceed $225,000. The total maximum student loan debt cannot exceed $350,000 due to loan amounts on specific graduate loans (Dental, Medical, Health Care, Law and MBA).
5 Loan Terms: 15- and 20-year terms and flat payment repayment options (paying $25 per month during school suspension) are only available for loan amounts of $5,000 or more. Making interest only or flat interest payments during the moratorium will not reduce the principal balance of the loan. Repayment examples (all assuming 14 month grace period, six month grace period before entering into repayment, no auto payment discount and interest only repayment option): 5 Year Term: $10,000 loan, one disbursement, 5 year repayment term (60 months) and 9.80% APR will result in monthly principal and interest payments of $211.49. 7 Year Term: $10,000 loan, one disbursement, 7 year repayment term (84 months) and 7.00% APR will result in monthly principal and interest payments of $150.93. 10-Year Term: $10,000 loan, one disbursement, 10-year repayment term (120 months) and 6.85% APR will result in monthly principal and interest payments of $115.34. 15-Year Term: $10,000 loan, one disbursement, 15-year repayment term (180 months) and 6.80% APR will result in monthly principal and interest payments of $88.77. 20 Year Term: $10,000 loan, one disbursement, 20-year repayment term (240 months) and 8.88% APR will result in monthly principal and interest payments of $89.20.
6 The student borrower has met certain credit and other criteria, and 12 consecutive monthly principal and interest payments or a lump sum payment equal to 12 monthly principal and interest payments must have been received by the servicer during any 12-month period. Borrowers are not eligible to apply for cosigner release when a loan is in a reduced repayment plan or while a request for a reduced repayment plan is pending.
7 The grace period is six months. The grace period begins on the earlier of the date (a) the student borrower graduates, (b) the student borrower ceases to be enrolled, or (c) which is 60 months from the first disbursement date, but in any case, not earlier than six months from the first disbursement date. There is no grace period in the immediate repayment option.
Aarohan Student Loan
Ascent’s undergraduate and graduate student loans are funded by The Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in some jurisdictions. certain restrictions, limitations, Terms and conditions may apply For climbing‘S Terms and Conditions please see:
*Ascent’s undergraduate and graduate student loans are funded by The Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in some jurisdictions. Certain restrictions, limitations, terms and conditions may apply, please refer to Ascent’s Terms and ConditionsAscentFunding.com/Ts&Cs. The Annual Percentage Rates (APR) displayed above are effective as 3/1/2026 And reflect an automated payment rebate (ACH). ACH discounts include a 0.25% discount on credit-based college student loans deposited before 6/1/2025, a 0.5% discount on credit-based college student loans deposited on or after 6/1/2025, and a 1.00% discount on outcomes-based loans when enrolling in automatic payments. Loans are subject to individual approval, restrictions and conditions apply. Advertised loan features and information are for college student loans and are subject to change at any time. For more information seeExamples of Repayment or review Ascent Student Loan Terms and Conditions. The final amount approved depends on the borrower’s credit history, verifiable cost of attendance certified by an eligible school and is subject to verification of credit approval and application information. The lowest interest rates require full principal and interest (immediate) repayment, shortest loan term, require a co-signer, and are only available to our most creditworthy applicants and co-signers with the highest average credit scores. Depending on the time you spent in school and any grace period you have before repayment begins, the actual APR offered may be higher or lower than the examples above. Variable rates may increase after expiration. 1% cash back graduation reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent applicants and borrowers who agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with the Ascent Parent Loan application have access to the AscentUP platform.
*Minimum amount is $2,001, except in the state of Massachusetts. The minimum loan amount for borrowers with a permanent Massachusetts address is $6,001.
sallie mae student loans
¹Rates displayed are for graduate and career training students:
The lowest rates shown include the Auto Debit Discount: Additional information regarding the Auto Debit Discount: The advertised APR for undergraduate students assumes a $10,000 loan for a student who attends school for 4 years and does not already have a Sallie Mae-serviced loan. Interest rates for variable rate loans can increase or decrease to the nearest eighth of a percent over the life of the loan based on changes in the 30-day average secured overnight financing rate (SOFR). Advertised variable rates are the initial range of rates and may vary outside that range during the term of the loan. Interest is charged when the funds are sent to the school. With fixed and deferred repayment options, the interest rate is higher than the interest repayment option and the unpaid interest is added to the current principal of the loan at the end of the grace/separation period. To receive an interest rate discount of 0.25 percentage points, the borrower or co-signer must enroll in auto debit through Sallie Mae. The discount is applicable only during active repayments as long as the current due amount or the specified amount is successfully withdrawn from the authorized bank account every month. It may be suspended during forbearance or moratorium. *These rates will be effective from 3/02/2026.
terms:
Examples of typical costs for a $10,000 Smart Option student loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 4-year school term, this would be a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67, and one payment of $121.71 Is. For a total loan cost of $23,134.44. For a borrower with $20,000 in prior debt and 2 years in school, this works out to a 10.78% fixed APR, 27 payments of $25.00, 179 payments of $132.53, and one payment of $40.35 for a total loan cost of $24,438.22. Loans that are subject to a $50 minimum principal and interest payment amount can have a loan term of less than 10 years.
² For applications submitted directly to Sallie Mae, the loan amount cannot exceed the cost of attendance less any financial aid received, as certified by the school. A lower maximum loan request amount may apply to applications submitted to Sallie Mae through a partner website. Miscellaneous personal expenses (e.g. laptop) may be included in the cost of attendance for students enrolled at least half-time.
