Must be enrolled at least half-time at a qualifying institution

Must be a U.S. citizen or U.S. permanent resident

Must be majoring in a supported program


84 month term length

Funding limits:

  • $5,000 -15,000 per academic year
  • $10,000 summer semester limit
  • $25,000 lifetime borrowing limit


No in-school payments required

Payments begin four months after graduation

$30,000 minimum income threshold

No cosigner required

Get pre-qualified without affecting your credit score. If approved, loan funds are sent directly to your school.

Income-based payments, designed to be affordable

Make no payments while in school, then make flexible income-based payments once you finish school and land a job.

Built-in protections

Earn rewards for enrolling in AutoPay, making on-time payments, and using free resources like financial literacy and wellness training and budgeting tools.

How the IBR No Cosigner Student Loan through Edly works

Check your rate and apply

Create your account to get a quote and check to see if you are eligible.

Tuition is paid to your school

Once your application is approved and loan documentation is signed, the funds are sent directly to your school.

Focus on your education

Keep your head down and your grades up! Focus on your education, not your tuition.

Start your career

Make monthly payments based on a percentage of your income after you complete your program.

Frequently Asked questions

Student resources

How to Supplement Federal Student Loans

The cost of attendance for higher education continues to rise every year. With that, it is more important than ever that you carefully consider your loan options…

Student Loan Options Without a Cosigner

Many undergraduate and graduate students encounter a specific challenge when applying for a private student loan: many such loans require a cosigner…

Student Loan Misconceptions

Taking on student loan debt can feel overwhelming… We hope this list of misconceptions puts you at ease and prepares you to choose the right...

Want to apply
with a cosigner?

The IBR Cosigned Student Loan is for borrowers who may qualify on their own but want the flexibility of income-based repayment and prefer the added comfort of a cosigner.