CampusDoor Private Student Loan - Student Loans for College Students

The CampusDoor School-Certified Student Loan

Whether you are an undergraduate or graduate student, a CampusDoor School-Certified Student Loan can cover up to 100% of your Cost of Education up to an aggregate lifetime maximum of $250,000. We also offer an incidental loan option that can help cover additional education expenses.

You can apply for a CampusDoor School-Certified Student Loan online 24 hours a day, 7 days a week. Apply for a loan using the online form at the right of this page and get an online decision in less than a minute. Applying with a creditworthy cosigner may improve your chances of approval and of obtaining a lower interest rate and/or loan fee.

Eligibility

You must be at least 18 years of age (19 in Nebraska and Alabama, 21 in Puerto Rico & Mississippi.) Mississippi residents under the age of 21 may borrow with written consent from a parent or guardian.
You must be enrolled at an eligible institution to be approved for and receive a loan. Enrollment is verified after you submit an application, as part of the loan approval process.
You must carry at least a half-time credit load for a private undergraduate or graduate loan.

Features

The funds are certified by your school's financial aid office and sent directly to the school on your behalf.
There is a 12-month grace period after graduation before loan repayment begins.

Limits

Loan minimum of $500.
Loan maximum of 100% of the total Cost of Education per academic year with an aggregate lifetime maximum of $250,000.

Interest Rates

Interest rates as low as Prime minus 0.5% to Prime plus 6.9% for loans with a creditworthy cosigner and Prime minus 0.5% to Prime plus 7.9% for loans without a creditworthy cosigner.
Apply with a creditworthy cosigner to increase the chances of approval and of obtaining a lower interest rate and/or loan fee.

Fees

Loan fees range from 0% - 9% depending on the applicants' credit profile and other underwriting criteria.
Loan fees are included in the total loan amount, so you have no out-of-pocket expenses.
Apply with a creditworthy cosigner to increase the chances of approval and of obtaining a lower interest rate and/or loan fee.

Repayments

Loan repayment begins 12 months after graduation or six months after you cease to be enrolled on at least a half-time basis.
Up to a 25-year repayment term.¹
Level and graduated repayment options with forbearance available up to one year upon request.
There is no prepayment penalty.

Benefits

Interest rate discount up to 1% for on-time payments and direct e-payment.²
Interest may be tax deductible for qualified taxpayers.

¹The repayment period may be less than the 25-year maximum allowed depending on the borrower's indebtedness at the beginning of his or her repayment period and the requirement that the borrower either satisfies a $50 minimum monthly payment amount (level schedule) or the terms of a graduated repayment schedule.

²At all times the discount rates and cosigner release terms are subject to change. The on-time benefit must be earned. Cosigner release is contingent upon the borrower's credit profile which will be reviewed by the Lender prior to release. Loan delinquency, default, or the use of forbearance may result in the revocation of all Borrower Benefits.

CampusDoor owns the relationship with each and every one of our borrowers and that relationship will continue through the life of the loan, either directly with CampusDoor personnel or with those service providers chosen by CampusDoor to assist us in providing top-tier service to our customers. AES is the loan servicer for the CampusDoor School-Certified Loan.