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.
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.
Student Loans Made Easy
Apply online or call 800-236-5560.
Decide if you need a cosigner.
Review and choose your payment options.
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.
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.
Develop or fine-tune your education savings plan.
Find out your monthly payments based on loan variables.
See if consolidating your debt is the best option.
One popular strategy for accelerating the payoff of a loan is to make 'bi-weekly' payments.
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.
You're ready to start your career. Set yourself up for financial success when you land that first job.
Make sure you look at the BIG picture, prioritize what you want and plan your spending so you don’t run out of money before you get paid next.
Figuring out how to pay for college can be like piecing together a puzzle. There are many pieces and you need to find out how they all fit together. We have some money savvy tips to consider so you can complete your college financing picture!
Before Classes Start
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.