U-Fi Undergraduate Student Loan Review
U-Fi is a platform focused on low-cost graduate and undergraduate private student loans, student loan refinancing options, and financial wellness that was built on the 35-year track record of NelNet, a leading student loan originator and servicer.
Based in Nebraska, U-Fi offers features such as cosigner release, interest rate discounts, and cash back rewards.
Undergraduate Student Loan Overview (Through U-Fi)
|Fixed Rate:||7.45% - 9.44%|
|Variable Rate:||6.18% - 9.44%|
|Minimum Loan Amount:||$1,000|
|Maximum Loan Amount:||$125,000|
|Minimum Loan Term:||5 years|
|Maximum Loan Term:||15 years|
*Fixed and variable rates are based on APRs and include an ACH AutoPay interest rate reduction of 0.25%.
|Minimum Age:||At least 17. Your co-signer must be the age of majority in your state of residence|
|Citizenship/Residency:||U.S. citizen or permanent resident (applies to co-signer too, if any)|
|International Students:||Apply with a credit-worthy U.S. citizen or permanent resident co-signer|
|Eligible Schools:||Enrolled at least half time in a degree-granting program at an eligible institution|
|Minimum Annual Income:||$12,000|
Loan eligibility may depend on a number of additional factors, including your financial history, and credit.
- Current loan information/documents
- Proof of income and employment (e.g., recent pay stubs)
- Diploma or transcript
- Lemonade Tip: You can receive a cash back reward of up to 1.5% on each fully disbursed loan for good grades.
- Lemonade Tip: You can get a co-signer release after 24 on-time payments.
Applying is super easy – get your rate within 2 minutes
*Checking your rate does not affect your credit score.
The 4 Best Undergraduate Student Loans In 2016
Want to save money on your college loans? These lenders represent our top undergraduate student loan picks for 2017, and may be able to help you save thousands of dollars on your college student loans by offering lower interest rates and lower monthly payments. That’s real money back in your pocket.
Learn your new student loan interest rate in a matter of minutes.
Undergraduate Student Loans – Best of the Best
|Lender||Rates (APR)||Loan Terms (Years)||Get Your Rate||Learn More|
|3.28% - 7.24%||5, 10, 15, 20||2 minutes||START SAVING|
|2.93% - 11.76%||5, 10, 12, 15||2 minutes||START SAVING|
*Make Lemonade is not a lender and does not make loans. We are a free, independent and unbiased website that helps empower borrowers so they can make more informed financial decisions. The rates, terms and other student loan information provided on this website do not legally bind Make Lemonade or the lenders referenced herein. The rates, terms and other student loan information are estimates and may change periodically and/or differ from your final rate and terms, which may be based on your individual credit profile and other factors as determined solely by the lender. If you would like to apply for a loan, please visit the website(s) of each lender and carefully review their rates, terms and conditions for further information. Average savings is for all customers generally, and not necessarily for this product specifically.