Loan Products
Ferris State University encourages borrowers to consider fixed interest rate options. Few education loans offer variable interest rate caps. Those that do are typically 18% or more.
Ferris State University does not endorse or recommend any lender. You are encouraged to do your own research. The list below represents the lenders that most Ferris students have selected in the past three years and is provided as a starting point in your research. We will process a loan from any lender that you choose.
Loan Cost Calculator
Explore different number combinations to understand what you can afford.
Comparison List
Fixed APR Range
Variable APR Range
Custom Choice
The freedom to design a loan that's right for you! The Custom Choice Loan provides customized options to meet your individual needs all while offering great benefits, interest rate reductions, cosigner release option, and no fees!
| Product Name | Rate Type | APR Min | APR Max | Grace Period | Compare | |
|---|---|---|---|---|---|---|
| Custom Choice-Fixed & Variable Rates | Fixed Variable |
3.350%
3.650% |
17.170%
17.380% |
12 months |
Citizens: 1 App to Fund Your Entire Degree
Apply once and we've got you covered until graduation! Instead of applying for a new student loan every year, Citizens Multi-Year Approval gives you a plan to fund your entire college experience. Know how much you can borrow over the years.
| Product Name | Rate Type | APR Min | APR Max | Grace Period | Compare | |
|---|---|---|---|---|---|---|
| Citizens Student Loan for Undergraduates (Fixed & Variable Rates) | Fixed Variable |
3.240%
4.950% |
13.410%
13.070% |
6 months |
Sallie Mae: The nation's #1 private education loan lender
Choose a Proven, Trusted Lender Known for Excellence. Delivering Competitive Fixed and Variable Rates, Multiple Repayment Options, and Absolutely No Application, Origination, or Disbursement Fees
| Product Name | Rate Type | APR Min | APR Max | Grace Period | Compare | |
|---|---|---|---|---|---|---|
| Sallie Mae Smart Option Student Loan for Undergraduate Students (Variable or Fixed Rate) | Fixed Variable |
2.390%
3.750% |
17.490%
16.950% |
6 months |
