1-877-561-8042Speak to a Loan Representative
GraduatesParentsGraduate StudentsUndergraduate StudentsApply for Student Loans
Customer Quote
"ScholarPoint is a great online lender that beats all the other rates I have seen!"

USC Graduate Student

ScholarPoint Consolidation Rate Discounts

Here at ScholarPoint, we have created a unique lending model that allows us to provide you with a very valuable combination of great rates and great service. For the ScholarPoint Consolidation loan we have developed one of the best incentive packages in the industry. Start an Application >

Consolidation Rate Discounts
Benefit Amount How This Benefit Works
Auto Payment 0.50% Receive a 0.50% reduction in your interest rate for signing up for auto payment (debit) and making your payments automatically from your bank account
24 consecutive, on-time payments* 1.00% If you make your first 24 payments on time, you will be eligible to receive a 1.00% reduction of your interest rate for the remaining term of your loan, as long as you are never more than 14 days late in making your payment

*On-time payments are defined as being received no later than 14 days after the defined due date. Approved forbearances and deferments do not automatically disqualify you from obtaining your discount.

NOTE: Each time your rate is reduced with one of ScholarPoint's discounts, the amount of interest you pay each month is reduced. As a result, you pay more towards the principal of your loan - which helps you pay off the loan sooner and save thousands in interest costs. You may be eligible to change your standard payment plan to a graduated plan.