Welcome to Citizens Bank Deposits. This site is screen reader friendly.

Skip to content Skip to main navigation Skip to main sub navigation Skip to footer navigation
 
Personal Banking > Student Services > Loan Applications > TruFit Student Loan
 
Student Services
 
Loan Applications
 

 

TruFit Student LoanTM

Citizens Bank has a solution to manage college costs - the TruFit Student Loan. This private loan program picks up where grants, scholarships, and federal loans leave off, giving students a smart and affordable way to cover remaining expenses.

Apply Now

Key Features and Benefits Put Students in Control:
  • Zero Fees.
  • Competitive rates including an additional 0.50% interest rate reduction for automating payments from any eligible Citizens Bank account
  • Flexible repayment options, including the ability to defer payment until after graduation.
  • The ability to finance up to the cost of education.1
  • Easy qualification2 with minimal income requirements.
  • Fast, easy application process.
  • Co-signer release option available after initial 36 consecutive, on-time payments.3
Rates and Fees to Fit a Student's Budget:
  • Interest rates as low as one-month LIBOR plus 3.00%4
  • Zero Fees.
  • Students are encouraged to apply with a qualified co-signer to increase chances of receiving lowest rate possible.
Flexible Repayment Terms:

With TruFit, students have the flexibility to choose the repayment plan that best meets their needs.

  • Immediate. Students can make payments while in school.
  • Interest-only. Students can make interest-only payments while in school, helping lower total loan debt.
  • Deferred. Students can defer payment until 6 months after graduation or when they drop below half-time status.

Plus, there's no prepayment penalty.

Convenient Disbursement:

Loan proceeds are sent directly to the school.

It's easy to apply.

Before you apply make sure you have the following items available so you can easily complete your application:

  • Name
  • Address
  • Phone Number
  • Email Address
  • Date of Birth
  • Social Security Number
  • Driver's License Number
  • Gross Monthly Household Income
  • Employer Name, Phone Number and Length of Employment (if applicable)
  • Monthly Rent or Mortgage Payment (if applicable)
  • Name of School You Plan to Attend
  • School's DOE Code
  • Anticipated Graduation Date (MM/YYYY)
  • Loan Amount Requested 
  • Loan Period (MM/YYYY to MM/YYYY)
  • Co-signer Name and Valid Email Address (if applicable)

Remember, students are encouraged to apply with a qualified co-signer to increase their chances of receiving the lowest rate possible.

Apply Now

Student Banking Options

To take advantage of the 0.50% interest rate reduction on your TruFit Student Loan you will need to sign up for automatic payments from any eligible Citizens Bank account. To learn more or apply for our student checking account visit our Student Banking Page.

Already have a Citizens Bank account?

If you already have an eligible Citizens Bank account and want to sign up for automatic payments to take advantage of our 0.50% interest rate reduction on your TruFit Student Loan, simply fill out the KwikPay form.

 
 

Branch/ATM Locator

Over 1,480 branches close by.

 

Contact Information

Email us
or call 1-800-708-6684

Receive Email Updates

Sign up now to receive offers and updates from Citizens Bank.

 

 

© Copyright 2009 Citizens Financial Group. All rights reserved.
Citizens Bank is a brand name of RBS Citizens, N.A. and Citizens Bank of Pennsylvania. Deposit accounts held at RBS Citizens, N.A. and Citizens Bank of Pennsylvania are separately insured.

VeriSign FDIC
All accounts are subject to individual credit approval.

1 As determined by your school. Minimum borrowing amount is $1,000. Aggregate is $120,000 (including federal and private loans).

2 Eligibility requirements: student must be enrolled at least half-time in a degree granting program at an eligible institution. They must be a U.S. citizen or permanent resident, or have a U.S. citizen co-signer. Student must be of legal borrowing age in their state of residence. International students can apply with a creditworthy U.S. citizen or permanent resident co-signer.

3 Subject to terms and conditions.

4 Interest rates as low as one-month LIBOR plus 2.50% if students take advantage of the 0.50% interest rate reduction benefit for automating payment from any eligible Citizens Bank account. Variable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month.

 Citizens Bank reserves the right to modify interest rates and loan margins at any time without notice. Such changes will only apply to applications taken after the effective date of change.

Citizens Bank TruFit Student Loan programs are offered and originated by RBS Citizens Bank, N.A. Member FDIC and Equal Opportunity Lender. RBS Citizens Bank, N.A. may sell your loan to a third party, and, in the event your loan is sold, it will use commercially reasonable means to ensure that all of its promises to you, including all borrower benefits that you might become eligible for during the loan's repayment period, will be honored. If you consolidate your loan prior to earning a benefit, you waive your right to that benefit, but you may have the ability instead to earn consolidation benefits. If you consolidate your loan after you earn a benefit, that benefit will not be retracted or forfeited.

Citizens Bank TruFit Student Loans are serviced by Firstmark.