Parent Loans

They have big dreams.
A parent loan can help you make them a reality.

A Brazos Parent Loan can help you pay for your student's college education.
With no fees, low rates and more available repayment terms than the Direct Parent PLUS loan, they can save you money, too.

Variable rates starting at % APR and fixed rates starting at % APR (with a 0.25% Auto-Pay discount).1 (Not a Texas resident?)

Brazos Parent Loan Features

Save Money

Great low rates can save you money over the life of the loan, allow you to pay off your debt sooner, or lower your monthly payments.

Zero fees

Origination fees can mean borrowing more than the actual cost of college. Unlike the Direct Parent PLUS program, we don't charge origination fees. Ever.

Choose your term

Customize your loan to fit your financial goals.
5, 7, 10, 15 and 20-year repayment terms available.2

Not just for parents

The Brazos Parent Loan is available to parents, grandparents, and other credit-worthy family members and friends of the benefiting student.

For graduate students, too

Unlike the Direct Parent PLUS program, parents may use a Brazos Parent Loan to finance the cost of a graduate degree, including medical, law, MBA and other professional degrees.

Approval in minutes

Save time with our quick, online application.
Get pre-approved in minutes4.

Parent Loan Rates & Repayment Terms

More ways to save. Choose your type of rate (fixed or variable) and your loan repayment term to fit your personal financial goals.

Variable Rates

Competitive rates from % APR to % APR (including a 0.25% Auto-Pay Discount).1

5, 7, 10, 15 and 20-year repayment terms available.2

Lower starting rates than comparable fixed rate loans can result in lower interest costs.

Variable rates may increase or decrease after origination. Monthly payments may vary after origination.

Fixed Rates

Competitive rates from % APR to % APR (including a 0.25% Auto-Pay Discount).1

5, 7, 10, 15 and 20-year repayment terms available.2

Fixed rates stay the same for the life of the loan and do not vary as the market changes.

Fixed rate loans offer peace of mind and still offer significant savings over existing high interest rate loans.

Transparent Pricing.Unlike most other lenders, see our rates before you apply.

Is a Parent Loan Right for Me?

Brazos Parent loans can be great tools for financing your student's education. Parent loans can:

  • offer significant savings compared to Direct Parent PLUS loans,
  • help lower or eliminate the debt burden on your student at graduation, and
  • help bridge the gap between the cost of attending college and other available financial aid options.

Cost is not the only factor you should consider when deciding between student loan options. Other loan features such as repayment plan options, deferment and forbearance options, and loan forgiveness programs should also be considered when making a decision.

To learn more, see our Parent Loan Guide for details on how parent loans can be a part of your college financial aid strategy.

Find My Rate Apply Now

Ready to Get Started?

It's Easy and Free!



Explore your loan options

Determine the cost of attendance for your student (see the Certifying Cost of Attendance section of the FAQs). Then, use our Parent Loan Calculator to see our rates and determine the loan that fits your financial needs.


Check your eligibility

We offer parent loan options for credit worthy Texas residents who want to help their student attend one of over 2,000 colleges nationwide. Check our Eligibility Requirements and FAQs for additional details.


Gather your information and apply!

Get pre-approved in minutes!
Application is online and convenient. Gather the required information and apply online.4

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What People Say About Us


Easy to Apply

“I was surprised to find the Federal Parent PLUS Loan charges an origination fee of 4.2% with interest rates in the 7.6% range. Brazos offers lower rates and zero fees. They made it easy to apply and work through the process.

- Brad, Brazos Parent Loan Borrower

Better Rate

Our family has worked hard to build good credit. The team at Brazos made sure we were able to make that effort really pay off. We received a better rate on our two student’s education costs than we could find anywhere. Our advisor was always available and went the extra mile to make a complicated process work for us. Thank you... We will see you again next year!

- Kenn, Brazos Parent Loan Borrower

BRAZOS RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Brazos loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Program restrictions, other terms, and conditions apply. All loans are subject to individual approval and adherence to eligibility requirements and underwriting guidelines. Not all borrowers receive the lowest rate. If approved, your actual rate will be within the range of rates listed in this website and will depend on a variety of factors, including whether your loan has a fixed or variable interest rate, the term of the loan and your credit score. Rates and Terms are subject to change at any time without notice. Brazos loans are originated by Brazos Education Lending Corporation.

None of the information contained in this website constitutes a recommendation, solicitation or offer by Brazos or Brazos Higher Education to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.

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