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Students
Types of Loans   |   Student Loan   |   Parent Loan   |  
Refinance Loan   |   Benefits
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Need more information on Advantage Loans?

Call us toll-free at 888-678-4625

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KHESLC reserves the right to modify or discontinue loan features or benefits or to discontinue loan programs at any time without notice.

Advantage Education Loans

Refinance Loan

Advantage Eduction Loan

The Advantage Refinance Loan is a great way to roll all your student loans into one convenient loan, save on interest charges and get out of debt faster.

FIXED Interest rates as low as 3.99%

The Advantage Refinance Loan offers FIXED interest rates starting as low as 3.99%, based on your credit history, repayment terms and other factors. Your interest rate will be reduced further if you use our automatic debit payment service.

Applying with a creditworthy cosigner may help you qualify and/or receive a lower FIXED rate.

Refinance FAQ

Benefits and Features

  • FIXED interest rates starting as low as 3.99%
  • NO Fees!
  • 0.5% Interest rate reduction for using our auto-debit service
  • Flexible terms of 10, 15, 20, or 25 years
  • Cosigner Release available after 36 months of on‐time regularly scheduled payments
    More Info...
  • Death and Disability Benefit —
    If the borrower is the benefitting student and dies or becomes totally and permanently disabled prior to loan payoff, the borrow and the cosigner (if applicable) are released from the outstanding debt.

    For parent borrowers, if the benefitting student dies prior to loan payoff, the parent and cosigner (if applicable) are released from the outstanding debt.

  • Loans funded and serviced by a trusted nonprofit agency
  • Minimum loan amount is $7,500
  • Minimum monthly payment is $50
  • No prepayment penalties

To qualify, the borrower must

  • Be a U.S. citizen or non-citizen with proof of residency
  • Have an acceptable income and credit history
  • A cosigner may be required
  • Be a resident of: AL, FL, GA, IN, KY, MS, MO, OH, TN, VA or WV

Eligible Loans

Any school‐certified education loans:

  • Private education loans
  • Parent/Grad PLUS loans (FFEL/Direct)
  • Federal Stafford loans (FFEL/Direct)
  • Perkins loans

Student borrowers may refinance/consolidate their education loans and any parent loans for which they are the benefitting student. Parents may refinance/consolidate their own student loans and any parent loans they have.

Or call 1–800–988–6333 to request an application.

KHESLC reserves the right to modify or discontinue loan features or benefits or to discontinue loan programs at any time without notice.

You can also Order a brochure

Advantage Education Loan brochure

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