College Loan

believe in what's possible.

You’re investing in your future – we believe in that. We also understand that where college is concerned, it can be really difficult to make the numbers add up. An Allegacy College Loan may be just what you need to make it work.

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See if you're eligible for an Allegacy College Loan.

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Up to $5K a Year

Borrow up to $5K per year, with a maximum loan amount of $20,000 over five years

Wait to Start Paying

Interest is due while in school*. The repayment period of the loan begins six months after graduating, immediately after departure without graduation, or once the loan becomes 5 years of age

Ten Years to Repay

When repayment begins, your loan is converted to monthly payments for up to ten years based on the loan amount

More info about Allegacy College Loans

  • Both student and co-signer (if required) must be Allegacy members
  • The student must be enrolled for at least six credit hours at an accredited school
  • *Accrued interest and payment protection (if applicable) are due monthly while in school
  • You may borrow up to $5,000 per year up to a maximum of $20,000 over five years
  • Repayment begins six months after graduating, immediately after departure without graduation or, once the loan becomes 5 years of age
  • When the repayment period begins, the loan is converted to monthly payments for up to ten years based on the loan amount
Calculators to help you plan for your future

Our College Loan Program is a Private Student Loan; it’s not affiliated or guaranteed by the federal government. Rates, terms, and products are all subject to change. You must meet all eligibility requirements to take out a loan. Loans are subject to credit approval. The rate is variable, it’s based on your credit history and profile, and it’s subject to change on August 1st of each year as long as your loan is deferred. The rate becomes fixed for the repayment term. A student loan in the amount of $10,000 for 60 months at 6.75%APR will have a monthly payment of $196.83.

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See if you're eligible for a college loan.

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Disclosures

  • Our College Loan Program is a Private Student Loan; it’s not affiliated or guaranteed by the federal government. Rates, terms, and products are all subject to change. You must meet all eligibility requirements to take out a loan. Loans are subject to credit approval. The rate is variable, it’s based on your credit history and profile, and it’s subject to change on August 1st of each year as long as your loan is deferred. The rate becomes fixed for the repayment term. A student loan in the amount of $10,000 for 60 months at 6.75%APR will have a monthly payment of $196.83.