Eligibility

Must be enrolled at least half-time at a qualifying institution

Must be a U.S. citizen or U.S. permanent resident

Available to sophomores, juniors, seniors, graduate students, certificate, and career training students

Terms

Funding limits:

  • Within 1 year of graduation: up to $130,000 (or total cost of program)
  • Within 2 years of graduation: up to $65,000 (or total cost of program)
  • $2,000 minimum loan amount
  • $130,000 lifetime borrowing limit

Repayment

Modest in-school payments
(as low as $25/month)

Income-based payments after graduation

Cosigner release one year after graduation11

Flexibility and peace of mind

Get pre-qualified and start building your own credit with the comfort of a cosigner. You may release your cosigner in less than a year after your graduation date1 .

Affordable repayment

Make small in-school payments, followed by flexible income-based payments after you finish school.

Rewards and benefits

Earn rewards for enrolling in AutoPay and making on-time payments.

How the Cosigned FIT Loan works

Check your rate and apply

Create your account to get an instant quote and check to see if you are eligible.

Tuition is paid to your school

Once your application is approved and loan documentation is signed, the funds are sent directly to your school.

Focus on your education

Keep your head down and your grades up! Focus on your education, not your tuition.

Start your career

Make monthly payments based on a percentage of your income after you complete your program.

Frequently Asked questions

Student resources

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Want to apply
without a cosigner?

If you prefer a loan without a cosigner, consider applying for the Edly No Cosigner FIT Loan. If you aren't approved, you’ll automatically have the option to add a cosigner and apply for the Edly Cosigned FIT Loan.

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