Benefits of applying with a cosigner†
Did you know that you’re 4x more likely to be approved for a Citizens Student Loan® with a qualified cosigner?† If students don't have a credit history, applying with a qualified cosigner (typically a parent or guardian) could raise chances of approval, and could even lower your rate, too. Take a look at our fixed and variable rates when applying with a qualified cosigner:
Fixed Rate Loan
#ProductLine=Edfi|Brand=citizensbank|ProductSet=Student|Disclosure=disclosure|DisclosureName=undergradfixed|DisclosureAttribute=APRMin# - #ProductLine=Edfi|Brand=citizensbank|ProductSet=Student|Disclosure=disclosure|DisclosureName=undergradfixed|DisclosureAttribute=APRMax# APR†
Variable Rate Loan
#ProductLine=Edfi|Brand=citizensbank|ProductSet=Student|Disclosure=disclosure|DisclosureName=undergradvariable|DisclosureAttribute=APRMin# - #ProductLine=Edfi|Brand=citizensbank|ProductSet=Student|Disclosure=disclosure|DisclosureName=undergradvariable|DisclosureAttribute=APRMax# APR†
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.
Get a rate quote in about 2 minutes. No commitment. No credit hit.†
Perks of a Citizens Student Loan*
How Multi-Year Approval† could simplify college funding
Typically, you have to reapply for student loans each year, which means another credit hit. But Multi-Year Approval means there's less stress in the long run. Here's how it works:
- Apply for a Citizens Student Loan.
- After your loan is approved, we'll let you know if you qualify for Multi-Year Approval.
- If you accept your Multi-Year Approval offer, then next year there is no reapplying. If eligible simply request the funds you need! It's that easy.
Student Loan Payment Calculator
Explore our free student loan calculator to understand what your budget might look like after graduation and how different loan choices affect your finances.
Student Lending FAQs
Students attending four-year, Title IV public or private institutions.†
Two-year schools, community colleges, and for-profit schools are not eligible.
For undergrad and graduate degrees, the max loan amount is $225K, or total cost of education, whichever is lower. Our lifetime debt limit includes federal and private loans combined.
Our student loans have no origination, application, or disbursement fees, with no penalty for paying more than the minimum or paying it off early.
You're 4x more likely to be approved for a Citizens Student Loan with a qualified cosigner†. If students don't have a credit history, applying with a qualified cosigner (typically a parent or guardian) could raise chances of approval, and could even lower your rate, too.
From classroom to career, we're your partner on the journey.
We’re here to answer your questions
For 40+ years, Citizens has helped students and families bridge the gap between financial aid and the cost of college. Call 866-999-0077 to connect with a Student Loan Advisor, or click the chat icon at the bottom of the screen.
Contact Center Hours:
8:00AM-9:00PM ET Monday-Friday
Chat Hours:
8:30AM-5:00PM ET Monday-Friday
© Citizens Financial Group, Inc. All rights reserved. Citizens is a brand name of Citizens Bank, N.A. Member FDIC
Citizens provides student lending services for US residents in the following United States and U.S. Territories: AL, AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY, AS, GU, MP, PR, TT, VI
College Raptor, Inc. is a wholly owned subsidiary of Citizens Bank, N.A. (Citizens)
† For additional information, please click the † symbols throughout this page to view our student lending disclosures.
*IMPORTANT INFORMATION
Co-signer Release: Borrowers may apply for co-signer release after making 36 consecutive on-time payments of principal and interest. For the purpose of the application for co-signer release, on-time payments are defined as payments received within 15 days of the due date. Interest only payments do not qualify. The borrower must meet certain credit and eligibility guidelines when applying for the co-signer release. Borrowers must complete an application for release and provide income verification documents as part of the review. Borrowers who use deferment or forbearance will need to make 36 consecutive on-time payments after reentering repayment to qualify for release. The borrower applying for co-signer release must be a U.S. citizen or permanent resident. If an application for co-signer release is denied, the borrower may not reapply for co-signer release until at least one year from the date the application for co-signer release was received. Terms and conditions apply. Borrowers whose loans were funded prior to reaching the age of majority may not be eligible for co-signer release. Note: co-signer release is not available on the Student Loan for Parents or Education Refinance Loan for Parents. 98% of Citizens Undergrad Booked Loans from 6/1/24 through 9/30/24 were cosigned. Citizens Undergraduate Booked Loans from 10/1/2023 through 9/30/2024 were 4 times more likely to be approved with a qualified cosigner.
Citizens Scholarship: No purchase necessary. Void where prohibited. The Citizens Scholarship Sweepstakes is open to legal residents of the 50 United States, D.C., and U.S. Territories, who are 18 years of age or older, are students, or prospective students, or parents or legal guardians of students intending to enroll or enrolled at least half-time in an accredited undergraduate/graduate post-secondary institution. To be eligible for a chance to win the Citizens Building the Workforce of the Future Scholarship entrants must be from an underrepresented or a low-income community as described in the Official Rules. Sweepstakes begins at 12:00 AM ET on 4/1/25 and ends at 5:00 PM ET on 3/31/26. Sponsored by Citizens. See Official Rules for details.
Multi-Year Approval: Funds available for future use are subject to a soft credit inquiry at time of your next request to verify continued eligibility. After we make the initial Loan to you, you must continue to meet eligibility criteria to obtain additional funds under the Multi-Year Approval feature. Terms and conditions are outlined in the promissory note. Multi-Year Approval borrowers have a 99% approval rate on future requests for additional funds. The additional funds approval rate is based on the percentage of approved Multi-Year borrowers from Citizens between October 1, 2023 and October 1, 2024. The approval rate represents only borrowers who had previously accepted the Multi-Year Approval offer. Please Note: International students are not eligible for Multi-Year Approval.