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Student Loans

Private Student Loan

The Private Student Loan can be used to pay for any qualified education expense including tuition, room and board, books, and other school-related expenses. There is no prepayment penalty and borrowers are required to make a modest $25 minimum payment towards interest while in school to promote responsible repayment habits and pay down some interest accrual while in school.

  • No Origination Fee for all student borrowers
  • 0.25% rate discount for ACH payments1
  • 30-Day No-Fee Return Policy allows you to cancel the loan within 30 days of disbursement without fees or interest
  • Cosigner Release available for creditworthy borrowers after 24 consecutive on-time principal and interest payments

Refinanced Student Loan

The Refinanced Student Loan may help you lower your monthly payments and reduce your interest rate. Refinance up to $125,000 in undergraduate student loan debt or $175,000 in graduate debt.

  • No Origination Fee for any borrowers
  • 0.25% rate discount for ACH payments1
  • Cosigner Release available for creditworthy borrowers after 12 consecutive on-time principal and interest payments
  • Flexible rates and terms - the choice is yours
1Rate reduction subject to floor rate. Requires continued enrollment of automatic payments. If the automatic payment is cancelled any time after enrollment, the rate reduction will discontinue until automatic payment is reinstated. May be suspended during periods of forbearance and deferment.
For questions or service related to a previously existing educational loan secured prior to 2012 through Park View, contact Great Lakes at 1-800-236-4300, or at www.mygreatlakes.org.
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