Student Loans

College Loans

There are many ways to pay for the cost of a higher education. After considering all your federal loans, scholarships and grants you may still have a gap you need to cover to pay your total college costs.

The Bank of Elk River works with the iHELP Student Loan program to provide you an attractive private student loan that can help you to cover that gap.

• Competitive interest rates
• No origination or repayment fees
• Flexible repayment options
• Easy to apply and responsive customer service

iHELP helps to meet your financing needs for college.

Important: Applying with a cosigner may help you to qualify for the loan and possibly receive a lower interest rate.

College Graduate Consolidation Loans

The Bank of Elk River works with iHELP to offer Private Loan Consolidation for college graduates. Consolidating your Federal, Parent Plus and Private student loans is a great way to reduce your student loan payments and simplify your life.

• You may save money by choosing either a fixed or variable interest rate
• Simplify your life with one easy monthly payment by combining multiple payments into one monthly payment
• Refinance a single loan
• Make budgeting easier

Applying with a cosigner may help you to qualify for the loan and possibly receive a lower interest rate.