Loan Products

Young Man Studying

National Education specializes in providing affordable education loans to college students and their parents. Student loans are our only business!

The funding of NEW Stafford and PLUS Loans has temporarily been suspended, effective January 15, 2008. Please check back with National Education for updated information about processing new federal loans. If you need a loan, apply for National Education's Select CampusDoor Loan.


Which Loan Should You Choose?

Private Loans

National Education offers a private loan, the Select CampusDoor Loan. It's best to consider private loans after all other sources of financial aid have been exhausted, including grants, scholarships, work-study and federal loans.

Select CampusDoor Loan
  • Who Can Borrow:
  • Undergraduate Students
  • Graduate Students
Learn More »

Federal Loans

These loans are insured by the federal government with capital provided by lenders. Federal loans have the best loan terms and will be your most cost effective loan options. If you need to borrow, always consider federal loans first.

Stafford Loan
  • Brief Description:
  • Fixed Interest Rate
    • 6% for subsidized loans to undergraduates
    • 6.8% for subsibsidized loans to graduates
    • 6.8% for all unsubsidized loans
  • Available as subsidized and unsubsidized loans
  • No payments required while student is in school at least half time
  • 6 month grace
  • Up to 10 years to repay
  • Who Can Borrow:
  • Undergraduate Students
  • Graduate Students
Learn More »
PLUS Loan (Parent)
  • Brief Description:
  • Interest rate fixed at 8.5%
  • Option to postpone repayment while student is in school at least half time plus 6 months
  • Up to 10 years to repay
  • Who Can Borrow:
  • Parents of a dependent undergraduate student
Learn More »
Grad PLUS Loan
  • Brief Description:
  • Interest rate fixed at 8.5%
  • No payments required while student is in school at least half time
  • Up to 10 years to repay
  • Who Can Borrow:
  • Graduate Students
Learn More »

Why Choose National Education?

National Education provides the highest levels of service to students, parents and schools.

  • Dedicated professional customer service staff stands ready to assist you.
  • Online account access 24/7, 365 days a year.
  • Instant online credit review for PLUS and Grad PLUS loans.
  • Personalized adverse credit assistance for PLUS and Grad PLUS loans.
  • Same day loan processing.
  • Personal toll-free assistance and fax lines for quick problem resolution.
  • Flexible repayment terms.

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