For Financial Aid Officers

Review or download example application disclosures for all supplemental private student loans owned by Iowa Student Loan or serviced by Aspire Servicing Center. These disclosures are provided to borrowers before they complete the loan application and credit agreement as required by Truth in Lending Act requirements.

Iowa Student Loan Programs

Partnership Advance Education Loan (PDF) (originated by Iowa Student Loan)

Partnership Advance Education Loan (PDF) (originated by Bank of Lake Mills)

College Family Loan (PDF) (originated by Iowa Student Loan)

College Family Loan (PDF) (originated by Bank of Lake Mills)

Parent Partnership Loan (PDF) (originated by Iowa Student Loan)

Parent Partnership Loan (PDF) (originated by Bank of Lake Mills)

Partnership No-Cosigner Loan for Graduates (PDF) (originated by Iowa Student Loan)

Partnership No-Cosigner Loan for Graduates (PDF) (originated by Bank of Lake Mills)

Reset Refinance Loan (PDF) (originated by Iowa Student Loan)

Reset Refinance Loan (PDF) (originated by Bank of Lake Mills)

Private Student Loans Serviced by Aspire Servicing Center

Alliant Credit Union Private Student Loan (PDF)

American State Bank Private Student Loan Program (PDF)

Ascentra Credit Union Private Student Loan Program (PDF)

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These disclosures are offered for informational purposes in order to support schools with requirements of the Truth in Lending Act, as modified by the Higher Education Opportunity Act, which states:

(f) Provision of information by preferred lenders. A creditor that has a preferred lender arrangement with a covered educational institution shall provide to the covered educational institution the information required under §§1026.47(a)(1) through (5), for each type of private education loan that the lender plans to offer to consumers for students attending the covered educational institution for the period beginning July 1 of the current year and ending June 30 of the following year. The creditor shall provide the information annually by the later of the 1st day of April, or within 30 days after entering into, or learning the creditor is a party to, a preferred lender arrangement.

Interest rates for private student loans for the quarter July 1–Sept. 30, 2020.

This interest rate information is:

• Intended as a reference for financial aid officers.
• Not intended to be comprehensive.
• Not intended for borrowers interested in obtaining a loan.

Iowa Student Loan Programs

Looking for details on the current quarter interest rates for our loans? We provide exact rates and other details for each credit score tier to interested students and families on the program's web page. View the detailed charts for each loan listed below.

Partnership Advance Education Loan (PDF)

College Family Loan (PDF)

Programs Serviced by Aspire Servicing Center

The current quarter interest rates for each program are listed here. Select the loan program name to view full details on the program's terms page.

Alliant Credit Union Private Student Loan

Interest-Only Payment Option = 5.00%

Deferred Payment Option = 5.25%

American State Bank Private Student Loan Program

Deferred Payment Loan = 5.75%

Ascentra Credit Union Private Student Loan Program

Interest-Only Payment Option = 5.25% or 6.25%

Deferred Payment Option = 5.50% or 6.50%