Features and benefits.
The right loan, made easy.
The prepGATE Loan Program makes it simple to find the K-12 education loan that makes the most sense for you.
Why prepGATE Loans?
- Competitive rates (LIBOR + to LIBOR + ) 1
- Annual Percentage Rates (APRs) range from to 1
- Qualified borrowers can choose between two repayment terms (5 and 10 years)1, 4
- Online loan application takes as little as 15 minutes to complete
- Credit review2 typically happens instantly with online application submission
- eSign option for credit agreements
- No prepayment penalty
- Origination fee as low as *
- Qualify for a 0.25% interest rate reduction for making automated payments from your checking or savings account3