Your success is our end goal.

Start with our simple application that takes minutes.

Questions? Ask us. 1-800-347-2752

Student Loan

Our Palmetto Assistance Loan is one of the best student loan options for South Carolina residents and students attending South Carolina schools. Our low rates and flexible repayment plans are designed to fit your monthly budget. Cover your tuition and other education costs for undergraduate or graduate school. Applying for our student loan online is easy.

Frequently Asked Questions

  • We offer a private loan for parents and students, the Palmetto Assistance Loan (PAL), as well as a state-funded loan for students who go into teaching, the South Carolina Teachers Loan.
  • The sooner you apply for a loan, the better. After you have filed your FAFSA, your college financial aid office will determine your eligibility for scholarships, grants, and federal student loans. Once determined, they will mail you a financial aid award letter detailing your total eligibility.

    If you need funding beyond the federal loans, you are welcome to apply for our private loan, the Palmetto Assistance Loan.

  • If you are borrowing a Palmetto Assistance Loan then you have the following options:

    1. Deferred payment – Payments are not required during enrollment or during your initial grace period.
    2. Fixed payment – A $25 monthly payment is required while you are in school.
    3. Interest payment – Pay the monthly accrued interest while you are in school.

    Once you graduate or fall below half-time, you will start making full monthly payments (principal and interest) sixty days after that time.