Are you looking to get your hands on a student loan? Whether you're just about to enter college, have, are a veteran student in post-secondary education, or are a parent trying to help your child get the education they need, paying for college is much easier to accomplish when you have private student loans to get you through.
That being said, finding the best place to apply for student loans is a challenge in and of itself. With so many available options out there, you want to make sure you get the best for your needs. One choice you might want to consider is a loan from Citizens Bank.
So, how is Citizens Bank different from other lending options, and how can it help you to get the money you need for school? Keep reading this article to find out more!
Citizens Bank has made a name for itself by offering some of the best student loans for those figuring out how to pay for college. For starters, they realize that college isn't cheap, and they're willing to help with that through their generous loan amounts. You can receive amounts from as little as $1,000 to as much as $350,000 depending on your needs.
The repayment options for Citizens Bank are also impressive. After you graduate, you're given a 6-month grace period to allow you time to find a place of work. Afterward, the loans are to be repaid with a variable APR of 1.68% to 11.07% or a fixed APR of 4.24% to 11.43%, and you're allotted five to 15 years to repay them.
Citizens Bank also offers other benefits with their private loans to help you with your school finances. For example, if you know that you'll need loans for multiple years of college, you can receive a multi-year approval on your loans. This means after you file for your initial loan, you don't have to go through the application process again for future funds.
You can also get a loyalty discount if you or your co-signer have a Citizens Bank account, which will make you eligible for up to a 0.25% discount on your loans.
Does Citizens Bank offer what you need out of your private loans? Make sure to apply for their loans today and get started on your college experience!
Now that you know about the benefits of choosing Citizens Bank to finance your private student loans, you know where you can get the money that you need for you or your loved one to succeed in the next phase of education. The next thing to do is to calculate the amount of money you need out of a loan for your college expenses. We can help you take care of that.
Best Student Loan is a site that not only helps you find the best lending options for your needs but also helps you to stay on top of your borrowed money. We help you make sure you draw enough funds to cover all of your expenses no matter the college. Plus, we can calculate the monthly amount you'll need to pay back with our loan calculator so you always stay up on your payments. Find out how we can help you today!
Assumptions: All rate and repayment examples are based on an application with a borrower and a cosigner. Lowest rate shown requires borrower to take advantage of available automatic payment and loyalty discounts to achieve the -- percentage point interest rate savings. Other assumptions include a 6 month grace period, a standard repayment account, and the student remains in school through the expected graduation date.
Citizens Bank Student Loan repayment examples assume a loan in the first year of school with two equal disbursements, a 10-year repayment term, a variable interest rate , and a 45 month in-school period. Citizens Bank Medical Residency repayment examples assume a loan in the second year of school with one disbursement, the repayment term and interest rate type selected above, and a 33 month in‑school period. Citizens Bank Bar Study repayment examples assume a loan in the last year of school with one disbursement, the repayment term and interest rate type selected above, and a 6 month in‑school period.
For interest-only repayment term: Monthly interest payments based on current rates average --, depending on the interest rate during the -- month in-school period and the 6 month grace period.
Calculations are estimates only. Terms and conditions apply. Actual rates and payment information may vary based on applicable terms. Citizens Bank reserves the right to modify interest rates at any time without notice. Such changes will only apply to applications taken after the effective date of change. See our Citizens Bank Student Loan pages for disclosure information.