summit-bracket2 bracket2 atm-outline location-pin-outline location-pin-filled atm-filled calendar2 bracket google-play[2] app-store summit-location-pin-lg code lock user worksheets phone print programs open pdf checkmark-form close-x close download checkmark-chart checklists blog-tools social-facebook social-google-plus social-pinterest LInkedIn-2C-128px-R instagram-rainbow social-twitter social-youtube ehl calendar calculators bracket22 checkmark email text-area-corner external-link success error information warning calendar-add-event auto-rates mortgage-rates home-equity new-certificates ncua summit-logo-itmoi arrow-left arrow-right checkmark2 summit-logo-white summit-bracket silhouette arrow-down arrow-up auto-rates2 blog calculators2 call ehl2 home-equity2 itmoi locate mortgage-rates2 new-certificates2 programs2 search summit-location-pin-sm tools clock

Lower student loan payments AND $400 cash? Smart move!

Looking to save money on your student loans? Or just wondering if you're paying more than you need to? Refinance with Summit today and you'll get $400 cash back!*

Education could be the key to your best tomorrows

And the best student loans from Summit can help make it happen.

Credit Union Student Choice

We’ve partnered with Student Choice, to provide you with student loans that can help make it happen.

Get amazing support and loads of helpful educational tools and resources that make it easy to plan for college, find your best-fit loan and get the help you need to make repayment as seamless as possible.

     

Make college happen. Let's do it, together.


Private Student Loan

Higher education is expensive. Tuition, books, computers and room & board. It all adds up – and it adds up fast! If there’s a gap between your financial aid package and the cost of your education, count on an affordable, private student loan from Summit to help you fill it. Stop stressing and start saving money with a student loan from our GO Bundle

View student loan rates.

how student loans work

A student loan from Summit means:

  • No fees. Summit doesn’t charge you anything to set up your loan (no origination fee) and there’s no penalty if you pay the loan off early.
  • Great student loan rates. See how we compare to other lenders.
  • An easy, one-time application. You can get approved for all the money you need to finish your degree at one time – instead of having to re-apply every year.**
  • You won’t have to make payments while you’re still in school.
  • Flexible repayment terms. Summit will help you set up a payment plan that you can afford.

 


Student Loan Refinance

Want to lower your monthly payment? Refinance your student loans – or consolidate multiple loans – with Summit and you could save a little money on every payment . And a lot of money on your entire loan! See how much you could save!

Compare student loans with our refinance calculator.

View student loan refinance rates.

 

Student Loans Made Easy

Laptop and mobile phone

 

STEP 1

Apply online or call 800-236-5560.

Two people signing loan document

 

STEP 2

Decide if you need a cosigner.

Payment options

 

STEP 3

Review and choose your payment options.

Signing application for student loan

 

STEP 4

Sign and accept your loan.

Have questions about the application or any of these steps? Summit’s student loan experts are here to help. Get in touch today.

WHO CAN APPLY

To apply for a loan you need to be:

  • A U.S. citizen or permanent resident
  • 18 or older
  • Enrolled in an eligible school at least half-time
  • Pursuing a degree program

Think you won’t qualify for a loan on your own?

Apply with a co-signer who has a good credit rating. This can help you get the loan you need and could help you get it at a better interest rate. That means you’ll have lower loan payments and owe a lower total amount.

When it’s time to repay the loan, make your payments on time for at least 24 months in a row, and you might be able to have the co-signer’s name taken off the loan.

 
Tools & Resources
Calculators
Worksheets
Checklists

SAVE FOR COLLEGE

Develop or fine-tune your education savings plan.
 

SIMPLE LOAN CALCULATOR

Find out your monthly payments based on loan variables.
 

DEBT CONSOLIDATION CALCULATOR

See if consolidating your debt is the best option.
 

MAKE BI-WEEKLY PAYMENTS

One popular strategy for accelerating the payoff of a loan is to make 'bi-weekly' payments.
 

HOW LONG WILL IT TAKE TO PAY OFF A DEBT?

Like many credit card holders, there are times when you might have overdone it on the spending and are now facing the task of paying off your credit card balance.
 

Related Content
Woman reviewing financial documents
Student Edition: Saving, Spending and Everything In Between
Student Loans, Saving, Money Tips, Student
Learn how to navigate saving, spending, budgeting and more to set yourself up for financial success from the start.
Read More 
Back to School Finances
Everything You Wanted to Know About School Finances, but Were Afraid to Ask
Student, Worth Saving For, Spending
If you’re a student or a parent, the beginning of the school year, especially a college career, can be intimidating, though it doesn’t have to be. By studying up on financial planning before the first day of school, you can be ready to tackle whatever college – and life – may throw at you.

Before Classes Start
Read More 
Couple at kitchen table looking at papers with laptop and calculator nearby
Feeling stressed out about paying off your student loans? Maybe it’s time to change how you’re repaying them.
Student Loans, Student, Financial Freedom
Four steps to smarter student loan repayment

Remember how exciting it was to find out you were qualified for a student loan? Hooray! You could afford tuition, books, housing, etc. But now that you’re out of school and faced with the reality of paying that loan back, you might be feeling another emotion: anxiety. If that describes you, we have some ideas that can help.
Read More 
Money Smarts with Kim
Ask Kim: Things to Consider Before Consolidating Student Loans
Ask Kim, Money Smarts, Financial Freedom, Student
Consolidating your student loans could streamline your finances, reduce your payments and improve cash flow. Check out these tips and see if consolidation is the right strategy for your situation.
Read More