SuperMoney
  First Bank and Trust Student Loan

First Bank and Trust Student Loan

in Private Student Loans from First Bank and Trust

Unaffiliated

First Bank and Trust Student Loan

Unaffiliated

in Private Student Loans from First Bank and Trust

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend First Bank and Trust Student Loan to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Loan Amount N/A
Fixed APR N/A
Variable APR N/A

First Bank and Trust Student Loan Review

First Bank and Trust Student Loan is offered by First Bank and Trust, a bank founded in 1925 and based in Brookings, SD. First Bank and Trust Student Loan is available in 2 states across the USA.

First Bank and Trust Student Loan FAQ

What rates does First Bank and Trust Student Loan offer for in-school private student loan?

Many students have little or no credit history when they start college. By having a parent or other creditworthy individual cosign the loan, the student may improve their chance of approval or qualify for lower interest rates.

How much can you borrow from First Bank and Trust Student Loan?

Available loan amounts may vary by applicant

Does First Bank and Trust Student Loan charge an origination fee?

No, First Bank and Trust Student Loan 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 First Bank and Trust Student Loan charge prepayment fees?

No, First Bank and Trust Student Loan 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 First Bank and Trust Student Loan offer?

First Bank and Trust Student Loan provides repayment terms ranging from to years.

What type of borrowers will First Bank and Trust Student Loan consider?

First Bank and Trust Student Loan considers loans applications from:

  • undergraduate students
  • graduate students
  • parents of students
  • undergraduate degree holders
  • graduate degree holders
  • parents of graduates

What do you need to qualify for First Bank and Trust Student Loan?

Applicants with a credit score of at least 630 and up to 840 may be eligible for First Bank and Trust Student Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

First Bank and Trust Student Loan does not have or does not disclose a minimum annual income eligibility requirement. First Bank and Trust Student Loan only considers borrowers who are employed.

U.S. citizens are, of course, eligible for the services offered by First Bank and Trust Student Loan. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Recent pay stubs
  • Proof of income
  • Recent bank statements
  • Driver's license
  • Government issued photo ID
  • Proof of identity
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 2 states
  • Minnesota
  • South Dakota

Feature Breakdown

No Origination Fee
No Prepayment Fee
Origination Fee ($) $0
Origination Fee (%) 0%
Co-signing Allowed
Cosigner Optional
Credit Score Range 630 - 840
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Minimum Age 18
Verification Documents Required
  • Recent Pay Stubs
  • Proof of Income
  • Proof of Identity
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
  • Driver License (or other photo ID)
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Options
  • Automatic Payments
  • Check by mail
  • Storefront
  • Bank Transfer
  • Cash

Be the first to rate

 

Would you recommend First Bank and Trust Student Loan to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Private Student Loans