Student Funding Group Loans
About Student Funding Group (StuFund)
The Student Funding Group (StuFund) isn’t exactly a bank or lending institution. Instead of distributing private student loans for college, they have created on place for students to find all the loans that they need for college. A self-proclaimed “student loan originator”, their goal is to provide all students with access to resources (both online and by phone) that they need to find a loan with the lowest possible rate so that paying for college is less of a burden.
Private Student Loan Name: StuFund Solutions Private Loan
Loans for Which Students? Undergraduate students, Graduate Students
Minimum/Maximum Amount per Student: up to the Cost of Attendance as certified by your school, not to exceed $250,000
Rates: varies (depending on lender, see below)
Fees: varies (depending on lender, see below)
Repayment Terms: 15 years, payments are deferred until after you graduate
Other Information: StuFund Solutions Private Loans for students are managed and distributed by Cedar Education Lending (which is in-turn affiliated with other lenders, like Discover, based on your location and the type of loan you need). StuFund private loans always require a cosigner, or someone with a longer or better credit history that you might have who will also agree to the terms of the loan. You have two options to lower your interest rate: sign up for automatic payments to be deducted from your bank account each month (.25%) or…graduate(2%)! This “Graduation Reward” is based on your principal balance, and does not include any of the interest that you have accrued while in school.
How to Apply/Contact Information: Apply Online.
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