Frequently Asked Questions
How do I apply for a TuitionWise student loan?
Applying for a TuitionWise student loan is quick and easy. Our online application takes about 15 minutes to complete.
What can a TutionWise student loan be used for?
A TuitionWise student loan can be used for almost any education-related expense, including tuition, room and board, books, school fees, a computer, and travel to and from home.
How much can I borrow with a TuitionWise student loan?
What information do I need to apply for a TuitionWise student loan?
When you apply online, please have this information available:
Each applicant (student and co-signer) needs to provide the following information:
- social security number
- date of birth
- permanent home address and years at that address
(No P.O. Boxes) - home phone
- name and address of a reference
Are there any application deadlines for a TuitionWise student loan?
No. TuitionWise student loans are available to students throughout the year. If your federal loans and scholarships aren’t enough, you can apply for a TuitionWise student loan whenever you need funds.
Do I have to apply with a co-signer?
Your chances of being approved for a TuitionWise student loan improve if you apply with a qualified co-signer. And a co-signer with excellent credit can even help you secure a lower interest rate and loan fees.
Is there a penalty for pre-paying a TuitionWise student loan?
No, there are no pre-payment penalties associated with TuitionWise student loans.
Some advantages of a TuitionWise Loan
- Get a check sent directly to you or your co-signer¹
- No payments until after you graduate²
- Apply online in minutes
© 2008 TuitionWise
1 This loan does not require school certification and the proceeds are disbursed in the form of a check co-payable to the borrower and cosigner (if applicable), mailed directly to the applicant with the stronger credit profile.
2 Interest will continue to accrue while your payments are deferred, and it will be capitalized (added to your principal loan balance) when repayment begins.
3 Disbursement can occur in 48 hours after receipt and verification of signed loan documents and all other requested documentation and must be within 21 days of the enrollment date.