Do you have prepayment penalties on your Student loans or Parent loans?


Last Updated: April 30, 2022

No, we do not have prepayment penalties on any of our loans. We encourage our customers to minimize the total cost of their loan by making extra payments.

This means that if you choose a repayment term of 10-years and you want to pay your loan back in full in 5-years, you will not be charged a fee for paying early.  

We also do not charge origination fees. 


Was this article helpful?

4 out of 4 found this helpful