Fixed Rate Loans
#ProductLine=Edfi|Brand=citizensbank|ProductSet=Parent|Disclosure=disclosure|DisclosureName=allfixed|DisclosureAttribute=APRMin# - #ProductLine=Edfi|Brand=citizensbank|ProductSet=Parent|Disclosure=disclosure|DisclosureName=allfixed|DisclosureAttribute=APRMax# APR†
Fixed rates mean stable monthly payments and no surprises. See your rate in about 2 minutes with no credit impact.†
Variable Rate Loans
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Variable rates can change, giving you flexibility as the market shifts. Check your rate in minutes without affecting your credit.†
Rate quotes are valid for 30 days. Rates shown include a combined 0.50% rate discount for our Loyalty† and Automatic Payment discounts.† See how different repayment options can affect your loan.
Why Choose a Citizens Parent Student Loan?
Yes, you can pay for up to 100% of school certified expenses with a Citizens Student Loan. You could make applying for future years even easier with Multi-Year Approval†. Apply once and, if you're eligible, you could skip the hassle of completing a full application (and credit hit) next year. You simply request funds as needed.
Very easy! You can get a rate quote in about 2 minutes with no impact to your credit score† when applying online, or it's quick to apply in a branch or over the phone (866-999-0077).
Parent loans offer immediate and interest only options with 5- and 10-year terms. See how different repayment options can affect your loan.
How Multi-Year Approval† could fund future college years
Student Tools and Resources
Frequently Asked Questions
We have an established track record of deep credibility and broad expertise with more than 40 years in the student loan business. Over that time, we’ve developed a network of close relationships with college financial aid offices and other student financial aid professionals, which greatly benefits our borrowers.
To qualify for the Student Loan for Parents, borrowers must meet all of the following eligibility criteria:
- Be a U.S. citizen or permanent resident with a valid U.S Social Security number living at a U.S. address.
- Be at least 18 years of age and have attained the age of majority in their state of residence.
- Satisfy all credit requirements.
- Execute an application, promissory note, and any other documents without alterations including the use of whiteout or any adjustments to the wording on any of the documents. (This includes any supporting documentation such as income verification or a paper promissory note).
- Have no prior student loan defaults.
- Meet any other applicable customer identification requirements.
- The student whose education expenses will be paid for with the loan proceeds must be a U.S. citizen or permanent resident and must be enrolled at least half-time in a degree granting program at a Citizens-participating school.
For Citizens Student Loans, the minimum amount that a student can borrow is $1,000. If approved, the maximum amount that a student can borrow is up to 100% of the certified cost of attendance less any financial aid received from the school. Certified expenses typically include tuition and fees, room and board, books, supplies, transportation, and technology.
The Citizens Student Loan® has no origination, application, or disbursement fees. And there is no prepayment penalty or any other penalty for paying more than the minimum monthly payment or for paying off the entire loan early.
Most lenders, including Citizens, send loan funds directly to your student's school; others will disburse funds directly to your student, so they can manage their education expenses with flexibility.
We're here to answer your questions
Call 866-999-0077 to speak with a Student Loan Advisor, or click the chat icon below.
Contact Center Hours:
8:00AM-9:00PM ET Monday-Friday
8:30AM-5:00PM ET Saturday
Chat Hours:
8:30AM-5:00PM ET Monday-Friday
© Citizens Financial Group, Inc. All rights reserved. Citizens Bank, N.A. Member FDIC
† For additional information, please click the † symbols throughout this page to view our student lending disclosures.