Income-Based Repayment (IBR)
No Cosigner
Student Loan
Designed for students in qualifying college and university programs who wish to apply without a cosigner. Qualify in minutes!
Eligibility
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
Terms
84 month term length
Funding limits:
- $5,000 -15,000 per academic year
- $5,000 summer semester limit
- $20,000 lifetime borrowing limit
Repayment
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.
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.
