Astrive Student Loans: Are They Worth It?

Astrive student loans offer one strategy for financing your education, and are an alternative to high-interest credit cards or a personal loan that can have an impact on your credit score. Astrive student loans are designed for students of 17 years of age or higher, and primarily for undergraduates enrolled in a four-year college degree program.

The competitive interest rates and flexible repayment plans are attractive, but are Astrive student loans really worth it? Who is eligible for Astrive student loans, and what are the actual interest rates? Here's an overview of Astrive student loans for any student or parent looking for a ways to finance a college education:

Who Qualifies for Astrive Student Loans?
the first step in qualifying for an Astrive student loan is finding out if your school is approved to accept financing from Astrive. Not every college or university in the U.S. is approved, and you can call Astrive directly to find out, or just check the Astrive Student Loans website for current listings.

You have to be a U.S. citizen or permanent resident (in the country for at least 2 years) in order to qualify for an Astrive student loan. Most loan applications require a co-signer for review, and you must be at least 17 years of age when you fill out the application. You will also need to show proof of two years of employment, along with almost two years of solid credit history. If you're right out of high school and have been working throughout, you should be able to qualify with a qualified cosigner.

AStrive Student Loans Repayment Plans and Interest Rates
Astrive student loans offer three repayment plans for undergraduates:

1. Immediate repayment

2. Interest-only monthly payments

3. Deferred repayment