Get Your
Student Loan From

Save money on your loans so you can enjoy college

Quick borrowing to:

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

Student Loans > Maine > Biddeford > University of New England

University of New England
Student Loans

Are you attending, or planning to attend, University of New England? 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 ton of {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 University of New England 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 University of New England students. Their goal is to improve lives with lending made simple. The lenders they partner with are mostly credit unions and community banks in Maine (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 University of New England

End

Brush up on borrowing basics, kinds of student loans, and ways to attenuate your schooling debt. Some lenders charge charges — such as origination fees or prepayment penalties — which may add to your general mortgage value. Keep in mind that if you take out a loan with certainly one of Credible’s companion lenders, you won’t have to fret about software, origination, or disbursement charges. A mounted price will stay the same over the course of your mortgage time period. Private mother or father student loans may help you pay for your child’s school tuition and fees, as properly as housing, books, food, and other dwelling expenses. Many college students will need a cosigner if they don’t have a credit historical past.

However, in distinction to the positive correlation with the borrower, a change in the price normally leads to a unfavorable influence on the default fee. These two elements have been used to elucidate the Great Recession of student loan default, which had grown to almost thirty p.c. Private pupil loans come from banks, credit unions and on-line lenders, and in contrast to federal scholar loans for undergraduates, they require a credit score verify. That means most undergrads will want a co-signer in order to qualify.

RISLA was a winner of Forbes Advisor’s best personal scholar loans of 2020 awards. Short for Annual Percentage Rate, this term refers to the amount of curiosity added to your mortgage yearly. If you could have a good credit score rating and/or a positive financial history, lenders typically supply decrease APRs. You can use Bankrate’s student mortgage market to compare interest rates and compensation terms from most of the country’s prime lenders. Explore your choices by checking out at least two or three potential lenders. The lower the rate of interest, the extra you can save on interest costs over the lifetime of the loan.

Our lenders support non-public student loans for many different faculty and university degrees. A fixed interest rate does not change, whereas a variable interest rate can enhance . A variable price could appear desirable as a outcome of it’s typically lower than a hard and fast fee, however it’s extra of a risk, since it could very nicely improve. A fastened rate provides extra predictable monthly loan funds. Saving for college is a superb solution, but there are still ways to scale back scholar mortgage debt even should you weren’t in a position to save.

So far underneath the Biden administration, greater than one hundred,000 students allegedly defrauded by their faculties have received loan forgiveness totaling round $2 billion. This is one of the best scholar loan company we have ever labored with. The communication is out of this world; the company gave us common updates on the loan, so we were never in the lifeless of night and we thank you for that. In order to receive up to $2,500 direct, a legitimate checking account should be designated for direct deposit of funds, and $1,000 or more have to be licensed 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 financial assist.

Learn the way to pay for grad faculty with Discover Student Loans. Up to 100% of school-certified faculty costs are lined. APR ranges will range by loan kind and could also be larger than what is shown here. Lowest APRs are available to essentially the most creditworthy candidates, and include an interest-only compensation discount and Auto Debit Reward2.

The onus was on the loan holder to show their earnings falls under an annually calculated threshold set by the government if they wish to defer fee 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 related to each pupil’s academic personalities. For instance, comparing with other majors, college students in fine arts and physics are alleged to possessing a better default fee. Therefore, students in such majors would be inclined to a better rate of unemployment and a better threat of default in redemption. Also, folks will are inclined to have an inferior high quality of human capital if the interval of unemployment is too lengthy.

When your mortgage is approved, we are going to send cash on to your school in a process referred to as disbursement. The disbursement date is ready by the varsity and cannot be adjusted by our team. Also, Earnest doesn’t have any prepayment penalties, late fees, or origination charges. While her debt hangs over every monetary choice she makes, Navient is now free of “the burden, expense, time and distraction” of the states’ claims, the corporate mentioned in a statement.

A variable rate can fluctuate and presumably even improve over time. Getting a low interest rate could help you get financial savings over the lifetime of the mortgage and pay off your debt quicker. So we solely need to receives a commission if we convey you value within the type of finding a private finance possibility that works for you.

Once you’re approved, your lender will attain out with particulars about how your loan shall be disbursed. Student loans for Vermonters attending any college, and for out-of-state college students attending any Vermont faculty. Credible even makes it simple to match cosigners to see which cosigner may help get you the most effective price.

Once you exhaust your school savings and reward help (i.e. scholarships, grants, etc.), you might must borrow a pupil mortgage to pay for college prices. A scholar mortgage allows you to borrow cash to pay back at a later date, plus curiosity. Private loans are made by a private lender, corresponding to a bank or a credit score union. It is often really helpful that you just turn to federal scholar loans before personal loans. Federal student loans supply debtors certain protections that non-public pupil loans might not, such as income-based reimbursement or scholar mortgage forgiveness. Private student loans provide different loan phrases and will provide a lower interest rate.

To discover one of the best non-public student mortgage in your specific needs, examine interest rate, mortgage terms, compensation plans and borrower advantages available. Federal loans carry distinctive benefits like income-based reimbursement options and public service forgiveness that are not obtainable on personal pupil loans. Maximize grants, scholarships and other free financial aid.

Before making use of for personal scholar loans with Earnest, use this checklist to see if you’re ready. Although you can refinance a number of pupil loans, consolidation and refinancing usually are not the identical things. Once you’ve acquired a price estimate from every lender, evaluate your offers to see which lender provides you the bottom rate. Make positive to think about different elements like the reimbursement time period, borrower protections, and distinctive benefits as nicely. Compile an inventory of student loan lenders that you’re thinking about.