Raise Private Student Loans
Raise Loans provides private student loans for undergraduate and graduate students. Raise loans are made by Cognition Lending Corporation, formerly known as First Marblehead.
- No fees
- 0.25% interest rate reduction for automatic payments
- Short repayment terms of 5-10 years
Raise private student loans offer variable interest rates of 4.95% to 15.35% with a 16% cap. There are no application, origination or disbursement fees.
Interest rates are reduced by 0.25 percentage points for borrowers who make automatic payments during the in-school period.
In-school payment options include immediate repayment and interest-only payments. Repayment terms include 5, 7 and 10 years.