LendKey Student Loans

Variable APR
2.51% to 7.51% (with AutoPay)

Fixed APR
3.49% to 7.54% (with AutoPay)

Maximum Amount
$300,000

Minimum Amount
$7,500

Loan Term
5 to 20 years

State Residency
Most states except: ME, ND, NV, RI, and WV

Degree Requirements
Bachelor's or higher

Income Requirements
$24,000

Employment Requirements
Must be employed

Interest Only Payments
Yes for the first 4 years

Origination Fees
None

Prepayment Penalty
None

Can Use a Cosigner
Yes

Can Release a Cosigner
Yes

Auto-Pay Interest Rate Reduction
Yes

Soft Credit Check
Yes

Unemployment Protection
Yes

Pricing information from published website as of 11/15/2018

	LendKey Student Loans	Earnest Student Loans

	Learn More	Learn More
	Benefits and Features
Variable APR	2.51% to 7.51% (with AutoPay)	5.88% - 9.99% (includes 0.25% autopay discount)
Fixed APR	3.49% to 7.54% (with AutoPay)	4.35% - 9.99% (includes 0.25% autopay discount)
Maximum Amount	$300,000	$500,000
Minimum Amount	$7,500	$5,000
Loan Term	5 to 20 years	Custom term from 5 to 20 years (180 term options)
State Residency	Most states except: ME, ND, NV, RI, and WV	Most states with the exception of: DE, KY, and NV and no variable rate loans to residents of: AK, IL, MN, NH, OH, TN and TX
Degree Requirements	Bachelor's or higher	Associates or higher
Income Requirements	$24,000	None
Employment Requirements	Must be employed	Must be employed or have an offer for a position to start within 6 months
Interest Only Payments	Yes for the first 4 years	No
Origination Fees	None	None
Prepayment Penalty	None	None
Can Use a Cosigner	Yes	No
Can Release a Cosigner	Yes	Only on existing loans
Auto-Pay Interest Rate Reduction	Yes	Yes
Soft Credit Check	Yes	Yes
Unemployment Protection	Yes	Yes
LendKey: Pricing information from published website as of 11/15/2018 Earnest: Pricing information from published website as of 8/22/2025

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