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Iowa Student Loan

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College Family Loan

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Apply Now or call (844) 268-2203.

Students cannot apply for or cosign an application for the College Family Loan®. The student has no obligation to repay this loan, and it is not transferrable to the student after they leave school.

This loan is for creditworthy parents, family members or others who wish to assist students attending colleges across the country with their education expenses. It offers different in-school payment choices, fixed interest rates and upfront terms so that you can choose the option that's right for you.

In addition to interest rates, fees and repayment details, benefits are important when it comes to this supplemental private loan. Learn:

  • How you can earn an interest rate reduction in repayment.
  • More about our loan forgiveness policy in the event of the borrower's or student's death or disability.

Speak with a Specialist

Have questions about the different options available for this private loan? Talk to one of our friendly and knowledgeable representatives to learn more. Call us toll free at (844) 268-2203, email us at or schedule a call.

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Subject to credit approval, loans are made by Iowa Student Loan or Bank of Lake Mills. Bank of Lake Mills does not have an ownership interest in Iowa Student Loan. Bank of Lake Mills is not affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. Loan servicing, including billing and other customer service, will be provided by Aspire Servicing Center.