Meeting the needs of schools and families

K-12 education loans schools can trust.

A better application process

Our online loan application takes as little as 15 minutes to complete, and makes it easy for borrowers to find and apply for a loan that's right for them.

Competitive rates and a choice of repayment terms

prepGATE loans feature competitive rates and a choice of repayment terms, so it's simple for borrowers to get a loan to fit their needs.

The flexibility and responsiveness schools need

Because every school has unique needs, we work closely with you to ensure we can accommodate your processing needs.

We offer online certification and report functionality via our schoolcertify.com loan delivery tool.

In the prepGATE Loan Program, our regionally located Relationship Managers are always available to answer questions and provide product updates.

A wealth of private student lending experience

The prepGATE Loan Program is administered by The First Marblehead Corporation, which has over 20 years of experience in the private student lending space. We understand schools' needs, and have the know-how to help you meet them.

Learn more

Interested in connecting your students with prepGATE loans? Contact us today.

Our Promise

Low-Rate, Low-Cost Loans

Our loans features competitive rates, origination fees as low as  *, and no prepayment penalty.

Freedom Of Choice

Qualified borrowers can choose between different repayment terms.

Easy Application

Apply online in as little as 15 minutes. Invite a cosigner with the click of a button.

"Casting A Wider Net"

Our custom credit scorecard allows us to make loans to borrowers who might not otherwise qualify for them.††

*Origination fees range from   to  , depending on the repayment term chosen by the applicants.

††Minimum credit score required for the primary applicant.