Parent Student Loan

Parent student loans made simple

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

100% free
Flexible repayment options
No credit score impact
No fees. Ever.
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
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.
No fees. No fuss.
No origination fees, no late fees, no insufficient funds fees.
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.

$220M+

Last year, Sparrow facilitated the search of over $220 million in student loan volume.

1M+

Every year, Sparrow finds borrowers over 1 million pre-qualified loan offers.

200+

Sparrow accommodates for over 200 unique undergraduate degrees and concentrations.

1:1

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

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.

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.
logo
Compare your personalized, pre-qualified rates from lenders in minutes.

Find my rate

Parent Student Loan FAQs

Updated January 1, 2023

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.