Student Lending Through an Iowa Partner
Student Loan Funding for Iowa College Students & Graduates
FSB partners with Iowa Student Loan (ISL) Education Lending to connect Iowa students and graduates with private student loans2 and refinancing options that may help lower existing student loan payments.1
These options can help students and families at Coe College, Kirkwood Community College, Cornell College, the University of Iowa, and other schools cover education costs after federal aid, grants, and scholarships have been considered.
Loan applications and servicing are handled by ISL Education Lending.
Ways ISL Education Lending Can Help
Explore financing options based on where you are in your education journey.
Cover College Funding Gaps
Consider a private student loan after reviewing scholarships, grants, work-study, and federal student loans.
Refinance Existing Loans
Combine qualifying student loans into one new loan with repayment terms that may better fit your budget.
Explore Available Benefits
Ask ISL Education Lending about borrower benefits and any forgiveness or discharge options that may apply.
Start with federal financial aid. Private student loans are generally best used only after you have completed the FAFSA and reviewed federal, state, institutional, and scholarship assistance.
Before You Borrow
Take these steps first so you understand every source of aid available to you.
1
Complete the Free Application for Federal Student Aid (FAFSA) to determine your eligibility for grants, work-study, and federal student loans.
2
Talk with your college's financial aid office before accepting a private loan. Borrowing too early may affect your eligibility for other assistance.
3
Search for scholarships through your school, community organizations, and the federal student aid scholarship resources.
Federal vs. Private Student Loans
Understanding the differences can help you choose the right borrowing order.
| Feature | Federal Student Loans | Private Student Loans Through ISL |
|---|---|---|
| How to apply | Complete the FAFSA | Apply directly with ISL Education Lending |
| Interest rate | Fixed rate established annually by federal law | Rate and terms are determined by the lender and application |
| Credit review | Not required for most federal student loans | Required as part of the application process |
| Repayment options | May include income-driven repayment plans | Based on the repayment terms selected in the loan agreement |
| Best used for | Your first source of student loan funding | Remaining costs after other financial aid is considered |
An Iowa-Based Student Lending Partnership
Through FSB's partnership with ISL Education Lending, Iowa residents can explore private student loans2 and refinancing options1 from an organization focused on education financing.
- Options for undergraduate and graduate education expenses
- Student loan refinancing for qualifying borrowers
- Online application and loan management through ISL Education Lending
Ready to Explore Your Options?
Find the student loan or refinancing option that fits your needs.
Review available products, rates, repayment terms, and eligibility requirements directly with ISL Education Lending.
View Loan OptionsWhat is Iowa Student Loan (ISL) Education Lending?
+ISL Education Lending is FSB's private student loan partner. Through this partnership, Iowa residents can explore private student loans and student loan refinancing options.
Does FSB directly issue or service these student loans?
+No. Applications, credit decisions, loan terms, and servicing are handled by ISL Education Lending.
Should I complete the FAFSA before applying for a private student loan?
+Yes. Complete the FAFSA first to determine your eligibility for grants, work-study, and federal student loans before considering a private student loan.
Can I refinance my current student loans through this partnership?
+ISL Education Lending offers refinancing options for qualifying borrowers. Review current eligibility requirements, rates, and terms directly with ISL Education Lending.
Should I use federal or private student loans first?
+Federal student loans are generally the first borrowing option to consider because they may offer benefits such as income-driven repayment plans. Private student loans can help cover remaining costs after other financial aid has been reviewed.
Are loan forgiveness or discharge programs available?
+Eligibility depends on the specific loan and program. Contact ISL Education Lending for information about any borrower benefits, forgiveness options, or discharge provisions that may apply.
Explore Student Loan Options
Review private student loan and refinancing products available through ISL Education Lending.
Take FSB Everywhere You Go
Wherever life takes your student after graduation, FSB's Student Checking is the perfect fit for their financial needs at home and beyond.
