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Save some serious cash with Advantage Education Loans! Student and parent Loans - Fixed rates as low as 3.81% apr* with auto pay. Refinance Loans - Fixed rates as low as 3.75% apr with auto pay.

Rate Structure for Advantage Student, Parent and Refinance Loans

Rates are reduced even further when you take advantage of our auto‐pay service!

Advantage Education Loan — Student Borrowers
Repayment Plan OptionsFeesAPR Rate Tiers *
(All rates fixed for the life of the loan)
ExcellentGoodFair
Immediate Repayment
(principal plus interest)
after final disbursement
0%4.05% – 5.29%5.09% – 6.19%5.49% – 6.59%
Immediate Repayment
(interest only)
after final disbursement
0%4.79% – 5.39%5.59% – 6.39%5.99% – 6.59%
Postponed Repayment
until out of school for six months
0%5.69% – 5.99%6.19% – 6.79%6.59% – 6.99%
Advantage Education Loan — Parent Borrowers
Repayment Plan OptionsFeesAPR Rate Tiers *
(All rates fixed for the life of the loan)
ExcellentGoodFair
Immediate Repayment
(principal plus interest)
after final disbursement
0%4.05% – 5.29%5.09% – 6.19%5.49% – 6.59%
Immediate Repayment
(interest only)
after final disbursement
0%4.79% – 5.39%5.59% – 6.39%5.99% – 6.59%
Postponed Repayment
until out of school for six months
0%5.69% – 5.99%6.19% – 6.79%6.59% – 6.99%
Advantage Refinance Loan
Repayment TermsFeesAPR Rate Tiers *
(All rates fixed for the life of the loan)
ExcellentGoodFair
10‐Year Repayment Term0%3.99% – 4.59%5.07% – 5.88%5.37% – 6.55%
15‐Year Repayment Term0%4.59% – 5.37%5.28% – 6.50%6.07% – 7.48%
20‐Year Repayment Term0%5.28% – 6.12%5.75% – 7.54%6.27% – 7.78%
*
APRs are representative samples for educational purposes only and may not reflect current or actual loan rate offers or available percentage rates. Your actual APR will depend upon your credit transaction and credit history and will be determined once a credit decision is made. FIXED interest rates and their corresponding APRs are based on the repayment plan/term, your credit history and other factors. KHESLC reserves the right to modify or discontinue loan features or benefits or to discontinue loan programs at any time without notice.
KHESLC is a public, not-for-profit organization. Advantage Loans are offered to both students and their parents, as well as those who want to refinance their educational loans.

Updated August 2018