Parent Loans

With competitive rates, flexible terms, and a simple application, Nelnet Bank makes it easier to invest in your student’s future.

Fixed Rates Starting at
3.09%
to 9.77% APR
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Why Nelnet Bank?

  • Unlike a Parent PLUS loan, we don't charge any origination fees on our parent loans.
  • Benefit from competitive interest rates that help keep your loan costs manageable.
  • Lower your rate when you enroll in autopay. 3

How To Get Started

It's just three easy steps to apply.

first

Check Your Rate

Share basic info to see your potential rates—with no credit impact. 2 Add a cosigner to boost your chance of approval.

second

Pick Your Loan

Compare options and choose the one that fits best. All offers depend on credit approval.

third

Sign Loan Documents

Upload any needed docs, sign online, and we’ll take care of the rest.

Parent Loan Not the Right Fit?

Explore our private student loan options with you as the cosigner. You could help your student qualify for a loan and may help reduce their interest rate.

Learn More

How do I qualify?

There are just a few simple eligibility requirements.

Citizenship

You must be a U.S. citizen or a permanent resident with a valid U.S. Social Security number.

Enrollment

Student must be enrolled at least half-time at a Nelnet Bank-eligible school for the loan period you are applying for.

Credit

You or your cosigner must have a FICO® score in the mid to high 600s or higher.

Age

You must be of the age to enter a binding contract in your state of residence or territory.

Ready to Get Started?

Apply Now