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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

Benefits

Advantage Eduction Loan

Benefits and Features of Advantage Refinance Loan

  • 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

More Info...

Benefits and Features of Advantage Education Loans for Students and Parents

  • 4.45% to 7.59% FIXED interest rates
  • NO Fees!
  • 0.5% Interest rate reduction for using our auto-debit service
  • Death and Disability Benefit —
    Student loans: If the student dies or becomes totally and permanently disabled prior to loan payoff, the student and the cosigner (if applicable) are released from the outstanding debt.

    Parent loans: 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
  • Loans made after July 1, 2013, that were placed in Interest‐Only or Postponed Repayment receive a six‐month grace period
  • Minimum loan amount is $1,000
  • Minimum monthly payment is $50
  • Loans have a 10-year repayment term. If your aggregate loan amount exceeds $10,000, you can request a 15‐year term
  • Loans can be used to cover a prior year's balance as long as it is no more than 60 days past the end of the loan period and the student is enrolled in a subsequent term
  • No prepayment penalties

More Info...



KENTUCKY HIGHER EDUCATION STUDENT LOAN CORPORATION   |    TERMS AND CONDITIONS   |   PRIVACY POLICY   
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