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Parent Student Loan

Parent student loans made simple

Find the lowest rates, compare repayment options, and borrow on your terms. Never pay application or origination fees.

How much do you want to borrow?
How much do you want to borrow?
Search
Pre-qualify for free
Flexible repayment options
Pre-qualify without impacting your credit score
No application fees
Loan size

$15,000

Citizenship status

U.S. citizen or national

Education
Stanford University

Indicate all your degrees

B.S | Management Science and Engineering

  • Enrollment statusFulltime
  • Graduation dateJune 2025
Ascent
Ascent

APR 5.54% ∙ 10 years

  • Total cost$26,094
  • Rate typeFixed
  • Monthly payment$217/mo
Apply
ASLA
ASLA

APR 5.54% ∙ 10 years

  • Total cost$26,094
  • Rate typeFixed
  • Monthly payment$217/mo
Apply
Brazos
Brazos

APR 5.54% ∙ 15 years

  • Total cost$29,491
  • Rate typeFixed
  • Monthly payment$164/mo
Apply
College Ave
College Ave

APR 5.54% ∙ 20 years

  • Total cost$33,127
  • Rate typeFixed
  • Monthly payment$138/mo
Apply
INvestED
INvestED

APR 5.54% ∙ 10 years

  • Total cost$26,094
  • Rate typeFixed
  • Monthly payment$217/mo
Apply
ISL
ISL

APR 5.54% ∙ 15 years

  • Total cost$29,491
  • Rate typeFixed
  • Monthly payment$164/mo
Apply

Illustrative purposes, actual results may vary.

Pre-qualified rates are not a firm offer of credit.description

Radical flexibility
Choose your rate and repayment plan to get your ideal monthly payment.
Save with autopay
Save 0.25% in with autopay and lower your chances of missing a payment.
Cover your costs
Get how much you need for what you need.
Competitive rates
Access competitive rates from some of the top private lenders.
As featured in
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September 20, 2022

 

Sparrow Facilitates Over $200 Million in Searched Loan Volume as Students Head Back to School (Yahoo Finance)

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September 22, 2022

 

Student Loan App Sparrow Raises $7 Million for Bid to Simplify Private Borrowing

 

November 29, 2022

 

This Entrepreneur Took the Expedia Model and Applied it to Student Loans to Fix Lending

 

November 29, 2022

 

Forbes recognizes Sparrow founders to elite 30 Under 30 list

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October 19, 2022

 

CampusDoor and Sparrow Drive Digital Transformation In Private Student Lending

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December 17, 2022

 

From the ashes of COVID school closures,this Gen Z CEO built a thriving student-loan app

The Backbone For Student Lending

The world’s most
powerful student
financing platform

There’s a reason Sparrow is the fastest-growing student financing platform for undergraduates, see for yourself.

$310M+

Last year, Sparrow facilitated the search of over $310 million in student loan volume.

Find my rate
2M+

Every year, Sparrow finds borrowers over 2 million pre-qualified student loan rates.

Pre-qualify now
200+

Sparrow accommodates for over 200 unique undergraduate degrees and concentrations.

Get started
1:1

Contact Support for a free 1:1 session to address your pressing questions.

Contact support
Parent loans made fast and easy

Ready to get started?

Whether you’re looking for a loan today or planning ahead, Sparrow’s got you covered.

Find my rate

Illustrative purposes, actual results may vary.

Pre-qualified rates are not a firm offer of credit.description

$20,000
Total cost
$26,094
APR
5.54%
Term
10 years
Monthly payment
$217/mo
$20,000
Total cost
$29,491
APR
5.54%
Term
15 years
Monthly payment
$164/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$22,944
APR
5.54%
Term
5 years
Monthly payment
$382/mo
$20,000
Total cost
$26,094
APR
5.54%
Term
10 years
Monthly payment
$217/mo
$20,000
Total cost
$29,491
APR
5.54%
Term
15 years
Monthly payment
$164/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$22,944
APR
5.54%
Term
5 years
Monthly payment
$382/mo
$20,000
Total cost
$26,094
APR
5.54%
Term
10 years
Monthly payment
$217/mo
$20,000
Total cost
$29,491
APR
5.54%
Term
15 years
Monthly payment
$164/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$22,944
APR
5.54%
Term
5 years
Monthly payment
$382/mo
$20,000
Total cost
$26,094
APR
5.54%
Term
10 years
Monthly payment
$217/mo
$20,000
Total cost
$29,491
APR
5.54%
Term
15 years
Monthly payment
$164/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$22,944
APR
5.54%
Term
5 years
Monthly payment
$382/mo
$20,000
Total cost
$26,094
APR
5.54%
Term
10 years
Monthly payment
$217/mo
$20,000
Total cost
$29,491
APR
5.54%
Term
15 years
Monthly payment
$164/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$22,944
APR
5.54%
Term
5 years
Monthly payment
$382/mo
$20,000
Total cost
$26,094
APR
5.54%
Term
10 years
Monthly payment
$217/mo
$20,000
Total cost
$29,491
APR
5.54%
Term
15 years
Monthly payment
$164/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$33,127
APR
5.54%
Term
20 years
Monthly payment
$138/mo
$20,000
Total cost
$22,944
APR
5.54%
Term
5 years
Monthly payment
$382/mo

Illustrative purposes, actual results may vary.

Pre-qualified rates are not a firm offer of credit.description

The latest rates from Sparrow’s partners

If you want to skip pre-qualification and apply directly with a lender, you can do so by clicking Apply below.
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Compare your personalized, pre-qualified rates from lenders in minutes.
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Parent Student Loan FAQs

Updated January 1, 2023

Editorial disclosure: Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we always identify, all opinions are our own.

The key difference lies in who is taking responsibility for the loan. When you cosign, both parent and student are responsible for the loan. For a parent student loan, the parent takes full responsibility. Cosigning may help your student qualify for a lower rate and may help their chances of approval since they typically don’t have a credit history. On the other hand, a parent loan will have no impact on your student’s credit. Parent student loans also help reduce the debt burden on students.