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Home > Loans > Student Loans > Parent Survival Loan

Help ease the stress of paying for college expenses with an interest-only payment Parent Survival Loan. This loan really makes it easier to pay for school costs along with other living expenses and with interest-only payments for up to four years-- then take up to 72 months to repay the loan after leaving school. This is a great loan for parents financing their student’s college costs or for someone financing their own education.

Check rates and Apply online today!

How much do I save with the Parent Survival Loan vs. a regular unsecured loan?

Let’s say you need a loan of $6,000 for each of the four years of school, and you qualify for a rate of 8%, your payments during the four years would be:

YearPayments for Interest-Only Parent Survival LoanRegular Unsecured Loan

1

$40 per month

$106 per month

2

$79 per month

$197 per month

3

$119 per month

$275 per month

4

$158 per month

$343 per month

Payments are calculated on a 72-month term. Monthly, bi-weekly or weekly payment options available.

Why is it so great?

  • Make interest-only payments while student is enrolled* in school full-time
  • Opportunity to qualify for additional money each school year or each semester
  • Lower payments while student is in school
  • No prepayment penalty
  • Pay interest only on what you need
  • Principal reduction can be done at any time
  • Loan can help build student’s credit
  • Can be used for any college expenses including housing, food, books... anything!

How does it really work?

Apply Now or feel free to contact us with any questions.

*Student must be enrolled full time (at least 12 semester hours). Interest-only period is up to four (4) years.


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