Get Your
Student Loan From

Save money on your loans so you can enjoy college

Quick borrowing to:

✅ Cover Your Books
✅ Take Care of Room and Board
✅ Apply towards tuition
✅ … and much more!

Student Loans > Arkansas > Arkadelphia > Ouachita Baptist University

Ouachita Baptist University
Student Loans

Are you attending, or planning to attend, Ouachita Baptist University? Need a little financial help?

Follow the steps below to be connected with a lender.

How To Apply For
Your Student Loan​

If you need some quick cash, you shouldn’t have to jump through a thousand {hoops|hurdles|obstacles|.

1

Visit LendKey​

Click the button below to visit the LendKey site and start application.

2

Apply

Submit your information so that lenders can review quickly. ​

3

Get Approved

After you submit your application, you should get a decision in days.​

Frequently Asked Questions

Who is LendKey?

Since 2009, credit unions and banks have partnered with LendKey to assist borrowers by offering various loan options through our digital platform. Their mission is to improve lives through lending made simple.

Who can apply for a private student loan?

Students can apply for this loan if they are enrolled at least half-time in a degree-granting program from an approved school. This application is credit-based, so if you do not have an established credit history and a steady source of income, a cosigner may be needed. All applicants must be either a U.S. citizen or permanent resident and must be at least the age of majority in their state of residence.

Do I need a cosigner for a student loan?

A cosigner is not required, but it may improve your chances of getting approved. Private student loans offered on LendKey’s website are credit-based, so a credit and income review will be performed. It can be difficult as a student to have an established credit history and a steady source of income, so a cosigner may help meet the loan application guidelines. Furthermore, a cosigner with an established credit history may help you qualify for better terms that could save you money in the long-term.

How much can I borrow on a student loan?

You may be able to borrow up to 100% of your Ouachita Baptist University school-certified cost of attendance. This may include tuition, room and board, textbooks, and other related education expenses. To figure out what expenses are part of your institution’s cost of attendance, check out your school’s financial aid website or contact your school’s financial aid office directly.

Why LendKey for a student loan?

LendKey’s application process is streamlined and simple, and their partners offer competitive interest rates for Ouachita Baptist University students. Their goal is to improve lives with lending made simple. The lenders they partner with are mostly credit unions and community banks in Arkansas (or other local areas) that prioritize customer service and member happiness. These lenders have the advantage of their platform automating much of the loan process, allowing them to pass the savings along to you!

More Popular Student Loan Services Like Ouachita Baptist University

End

Brush up on borrowing basics, types of scholar loans, and methods to reduce your education debt. Some lenders charge charges — such as origination fees or prepayment penalties — which might add to your total loan value. Keep in mind that if you take out a loan with certainly one of Credible’s companion lenders, you won’t have to worry about application, origination, or disbursement charges. A fixed fee will stay the same over the course of your loan term. Private parent pupil loans might help you pay in your child’s college tuition and charges, in addition to housing, books, food, and other residing expenses. Many college students will need a cosigner if they don’t have a credit score historical past.

However, in distinction to the positive correlation with the borrower, a change within the value normally results in a negative affect on the default rate. These two elements have been used to elucidate the Great Recession of student loan default, which had grown to almost thirty p.c. Private student loans come from banks, credit unions and on-line lenders, and in distinction to federal pupil loans for undergraduates, they require a credit examine. That means most undergrads will need a co-signer to find a way to qualify.

RISLA was a winner of Forbes Advisor’s greatest personal student loans of 2020 awards. Short for Annual Percentage Rate, this term refers again to the amount of interest added to your loan yearly. If you have a good credit score and/or a optimistic financial history, lenders usually provide decrease APRs. You can use Bankrate’s scholar mortgage market to compare rates of interest and repayment terms from many of the country’s high lenders. Explore your options by checking out at least two or three potential lenders. The lower the rate of interest, the extra it can save you on curiosity expenses over the lifetime of the mortgage.

Our lenders support personal scholar loans for a lot of completely different school and university levels. A mounted rate of interest doesn’t change, whereas a variable rate of interest can increase . A variable price could seem desirable because it’s typically decrease than a fixed price, however it is more of a risk, since it could very well enhance. A fastened fee provides extra predictable month-to-month loan payments. Saving for faculty is a good solution, however there are nonetheless ways to minimize back scholar mortgage debt even if you weren’t able to save.

So far underneath the Biden administration, more than 100,000 students allegedly defrauded by their colleges have acquired loan forgiveness totaling around $2 billion. This is one of the best pupil loan company we’ve ever worked with. The communication is out of this world; the corporate gave us regular updates on the loan, so we had been never in the dark and we thank you for that. In order to receive as a lot as $2,500 direct, a sound bank account have to be designated for direct deposit of funds, and $1,000 or more must be certified by, and scheduled for direct disbursement to, the varsity. A Student Aid Report comes after you ship your FAFSA and is used to estimate your monetary aid.

Learn the means to pay for grad college with Discover Student Loans. Up to 100% of school-certified school costs are coated. APR ranges will vary by mortgage type and may be greater than what is shown right here. Lowest APRs are available to probably the most creditworthy applicants, and include an interest-only compensation low cost and Auto Debit Reward2.

The onus was on the mortgage holder to prove their income falls below an annually calculated threshold set by the government if they wish to defer payment of their loan. South Korea’s scholar loans are managed by the Korea Student Aid Foundation which was established in May 2009. Normally, in South Korea, the default price of redemption is expounded to each scholar’s tutorial personalities. For occasion, comparing with other majors, students in fine arts and physics are alleged to possessing the next default rate. Therefore, students in such majors would be inclined to a better rate of unemployment and the next risk of default in redemption. Also, individuals will are inclined to have an inferior quality of human capital if the interval of unemployment is just too lengthy.

When your loan is approved, we are going to ship money directly to your college in a course of called disbursement. The disbursement date is about by the varsity and can’t be adjusted by our group. Also, Earnest does not have any prepayment penalties, late fees, or origination charges. While her debt hangs over every financial determination she makes, Navient is now free of “the burden, expense, time and distraction” of the states’ claims, the corporate stated in a press release.

A variable price can fluctuate and presumably even improve over time. Getting a low interest rate may assist you to save money over the life of the loan and repay your debt faster. So we only need to get paid if we convey you worth in the form of finding a private finance choice that works for you.

Once you’re approved, your lender will reach out with particulars about how your loan might be disbursed. Student loans for Vermonters attending any college, and for out-of-state college students attending any Vermont school. Credible even makes it straightforward to check cosigners to see which cosigner might help get you the best rate.

Once you exhaust your faculty savings and present aid (i.e. scholarships, grants, and so on.), you could need to borrow a pupil mortgage to pay for school prices. A student loan allows you to borrow cash to pay again at a later date, plus interest. Private loans are made by a personal lender, corresponding to a bank or a credit union. It is usually recommended that you just turn to federal student loans before private loans. Federal pupil loans provide borrowers sure protections that private pupil loans may not, corresponding to income-based repayment or student loan forgiveness. Private scholar loans offer completely different mortgage phrases and may offer a decrease interest rate.

To discover the most effective personal pupil loan for your particular wants, examine interest rate, mortgage terms, reimbursement plans and borrower advantages available. Federal loans carry distinctive advantages like income-based repayment choices and public service forgiveness that aren’t available on non-public student loans. Maximize grants, scholarships and different free financial help.

Before applying for private pupil loans with Earnest, use this checklist to see if you’re prepared. Although you probably can refinance a quantity of pupil loans, consolidation and refinancing usually are not the same things. Once you’ve obtained a price estimate from every lender, evaluate your offers to see which lender offers you the lowest rate. Make sure to consider different factors like the reimbursement term, borrower protections, and distinctive advantages as well. Compile a list of student mortgage lenders that you simply’re excited about.