Brazos Education Lending Corporation is a student loans lender based in Waco, TX. It was founded in 1975 and offers student loan refinancing in 1 state across the USA.

What APRs does Brazos Education Lending Corporation offer on its student refinancing loans?

The range of APRs you qualify for when refinancing a student loan vary widely by lender and will depend on your creditworthiness and the type of loan you choose. Loans with fixed rates will typically have higher APRs than loans with a variable rate. 

Brazos Education Lending Corporation offers variable rate APRs that range from 2.82% to 6.74%.
Borrowers who choose a fixed-rate refinancing loan can expect APRs that range from 3.25% to 6.64% APR.

How much can you borrow via Brazos Education Lending Corporation?

Loan amounts start at $10000 and go up to $250000

Does Brazos Education Lending Corporation charge an origination fee?

No, Brazos Education Lending Corporation does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Brazos Education Lending Corporation charge prepayment fees?

No, Brazos Education Lending Corporation does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

What terms does Brazos Education Lending Corporation offer?

Brazos Education Lending Corporation provides refinancing loans of 5 to 20 years.

It also offers borrowers unemployment protection. This means that if you lose your job your loan payments may qualify for a temporary hold of up to 12 months..

What type of borrowers will Brazos Education Lending Corporation consider?

Brazos Education Lending Corporation considers loans applications from:

  • undergraduate students
  • graduate students
  • parents of students

What do you need to qualify for a Brazos Education Lending Corporationstudent loan refinance?

Applicants with a credit score of at least 720 can apply for a loan via Brazos Education Lending Corporation. Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.

Active duty servicemembers and their covered dependents are eligible to apply for a loan via Brazos Education Lending Corporation. Their rates fall within the limits of The Military Lending Act.

Only U.S. citizens and permanent residents can apply for a loan. 

To qualify, applicants must provide the following documentation:

  • Proof of identity
  • Proof of Income

What is the estimated funding time for a student loan refinance via Brazos Education Lending Corporation?

Brazos Education Lending Corporation will typically fund loans within 1 and 2 days of approval.

How does Brazos Education Lending Corporation describe itself?

Our refinance loan is available to refinance undergraduate or graduate student loans, as well as loans made to parents of graduates.

  • Loan Term (Years)
    5 - 20
  • Min Loan
  • Institution Type
    Marketplace Lending Platform
  • Cosigner Optional
  • Credit Score Range
    720 - 850
  • Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Retired
    • Self-Employed
    • Unemployed
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Joint Loan Applications Accepted
  • Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
  • Minimum Annual Income
  • Undergraduate Students
  • Graduate Students
  • Parents of Dependent
  • Verification Documents Required?
    • Loan Payoff Statements
    • Proof of Income
    • Driver License (or other photo ID)
  • Late Fee Amount
  • No Origination Fee
  • No Prepayment Fee
  • Funding Time Range (in days)
    1 - 2
  • Payment Options
    • Automatic Payments
    • Check by mail
    • Credit/Debit Card
  • Unemployment Protection
  • Credit Bureau Reporting
  • Loan Amount
    $10000 - $250000
  • Variable APR
    2.82% - 6.74%
  • Fixed APR
    3.25% - 6.64%
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