When you're heading to college and need additional money to pay expenses, we can help! The Advantage Education Loan for students and parents is Kentucky's only state-based loan.
The loans have fixed rates, which means you could save thousands over competitors' loans.
Advantage Education Loans are great options when you need more money for college. If you have exhausted your grant, scholarship and federal loan options, it's good to know there are more options for you.
Advantage Parent Loans are available for parents of undergraduate and graduate students with the same great rates and benefits.
O Your FIXED rate is based on the repayment plan selected, your credit history and other factors. Your interest rate will be reduced further if you use our autopay service.
O Applying with a creditworthy cosigner may help you qualify and/or receive a lower FIXED rate.
O For more information, call 800.988.6333. Visit AdvantageEducationLoan.com to apply.
O Refinancing your student loans with the Advantage Refinance Loan could save you thousands of dollars.
The Advantage Refinance Loan is available for borrowers who are in repayment and want to roll all their federal and private student loans into one convenient loan, save on interest charges and get out of debt faster. Apply online for an Advantage Refinance Loan at AdvantageEducationLoan.com.
The Advantage Grad Loan is a great low-cost option, especially for graduate and professional students who need help financing their postgraduate expenses while in an advanced degree program, such as a Master's or Doctoral.
The Advantage Medical/Dental Loan is a great low-cost option for students who need additional funds for their doctoral degree at a qualified medical or dental school.
| PLUS Loan | Advantage Education Loan | |
|---|---|---|
| Who Borrows? | Parent or Graduate Student | Student or Parent (Undergraduate, Graduate or Professional level) |
| Loan Limits | Cost of Attendance, minus aid already awarded | Cost of Attendance as certified by the school |
| Interest/APR | 8.94% | 2.93% to 10.75%* |
| Credit review | Yes (only on parent loan) | Yes |
*APRs shown are representative samples for educational purposes only and may not reflect current or actual loan offers or available rates. Your actual APR may vary based on the repayment plan or term selected, credit history, state of residence, school location, and other factors, and will be determined once a credit decision is made.
Funding Your Future