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Undergraduate Student Loans

Competitive rates.  Zero fees.  Apply online.

Pay for your undergraduate degree when scholarships and federal loans aren't enough!

Variable rates
starting at

2.50% APR

Including 0.25% Auto-Pay Discount1

Fixed rates
starting at

3.50% APR

Including 0.25% Auto-Pay Discount1

Brazos Undergraduate Loan Features

Competitive student loan interest rates are just a part of the way Brazos Student Loans provide significant savings.


Cover your undergraduate costs

Relax, when other financial aid sources fall short, you can borrow up to the school-certified cost of attendance, less other financial aid, to cover tuition, books, and other school-certified expenses.


Zero fees

No origination fees. No prepayment penalties. Ever.


Choose your term

Customize your loan to fit your financial goals. With multiple terms to choose from, we've got you covered.


Approval in minutes

Save time with our quick, online application. Get pre-approved in minutes.2

Three Ways to Repay

Choose one of three ways to repay your loan.


Make no payments while in school (up to 54 months) and for six months after you graduate or cease to be enrolled at least half time at an eligible school.

  • Most flexible - make no payments while in school and during a 6-month grace period.
  • Highest total interest cost.

Interest Only

Pay only the interest while school and for six months after you graduate or cease to be enrolled at least half time at an eligible school.

  • Make interest payments while in school and during a 6-month grace period.
  • Reduces the total interest cost.


Payments begin once the loan is fully disbursed and continue for the life of the loan, even while you're in school.

  • Begin principal and interest payments while in school.
  • Lowest total interest cost.

Comparing Student Loan Rates Can Save Significant Money!

Brazos’ nonprofit status and mission allow us to offer competitive rates to Texas borrowers. Our rates are designed to save borrowers money over the life of their loans. Compare Brazos Student Loan rates to rates offered by other lenders. Ranges cover multiple available repayment options and include available discounts.

Brazos Student Loan Fixed Rates
Fixed Rates from Other National Lenders



Salle Mae









Comparing interest rates from different lenders before you borrow can help you pay less interest over the life of a loan. These gauges show the estimated cost of a $15,000, 10-year loan at different fixed rates.4

Estimated Total Costs of a Typical $15,000, 10-year Undergraduate Student Loan

At a 4% rate


At a 7% rate


At a 10% rate


At a 13% rate


Check out our Student Loan Calculator to estimate the cost of your Brazos Student Loan!

Frequently Asked Questions

Brazos Student Loans cover qualified educational expenses including:

  • Tuition and fees
  • Room and board
  • Text books, supplies and equipment
  • Transportation,
  • Other costs necessary to complete your degree

You may borrow up to the cost of attendance, less other financial aid received, as certified by the school you are attending. The minimum loan amount is $1,000.

We recommend you exhaust all forms of federal student aid, grants, and scholarships prior to taking out a private student loan like the Brazos Student Loan.

To be eligible for a Brazos Student Loan, you must:

  • Be a U.S. Citizen or National, or a non-citizen with government issued, non-expired documentation of permanent resident status, or if applying with an Eligible Cosigner, a non-citizen with a work or student visa or a DACA Recipient,
  • Be a Texas resident and be at least the age 18 years old, (Not a Texas resident?)
  • Be applying to finance an undergraduate or graduate degree and be enrolled at least half-time in a degree granting program at one of over 2,000 schools nation-wide,
  • Apply for an amount that is certified by the school your student is attending (see the "Certifying the Cost of Attendance" section of the FAQs)
  • Have a verified income and a strong credit history or apply with a cosigner with verified income and a strong credit history, and
  • Demonstrate the ability to support the repayment of the new loan or have an eligible cosigner apply with you

If your credit history does not meet our minimum credit criteria, you may still qualify by applying with a qualified cosigner. Additionally, even if you meet the minimum requirements, applying with a cosigner who has a stronger credit history may reduce the interest rate on your student loan rate even further, thereby saving you more money over the life of the loan.

Still have questions? We're here to help! See our full list of FAQs, send us an email or call us at 1-800-453-0841.

What People Say About Us

  • 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

  • Great People

    "Great people and service. Always there to help or answer my questions."

    - Mitchell, Brazos Refinance Loan Borrower

  • 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

  • Customer Service is Excellent

    "Easy access to communicate with representatives. Prompt responses from all communication as well. Customer service is excellent and feels like a small town local bank. I’ve never felt like just another number."

    - Alison, Brazos Refinance Loan Borrower

  • Great Experience. Super Easy.

    "Great experience. Super easy. Zero fees and decreases the overall amount I will owe on my student loans. So happy!"

    - Kelley, Brazos Refinance Loan Borrower


1. Fixed rates from % APR to 7.27% APR (with Auto-Pay Discount). Variable rates from % APR to % APR (with Auto-Pay Discount). All APR calculations assume the loan amount is disbursed to the school in two equal amounts, five months apart. Not all borrowers receive the lowest rate. If approved for a Brazos Student Loan, the fixed or variable interest rate offered will depend on your creditworthiness, the repayment option selected, the term of the loan, and other factors. The lowest APR calculations assume the borrower selects the Immediate Repayment option and begins making payments after the loan is fully disbursed, with a sixty (60) month repayment term. The highest APR calculations assume the borrower selects the Deferred Repayment option and makes no payments while in school for a period of months (plus a six (6) month grace period), with a two hundred forty (240) month repayment term.

The Variable Rate is based on an Index of the greater of the (A) 30-Day Average SOFR or the (B) forward looking term rate based on SOFR, plus a Margin. The lowest variable rate APR displayed is based upon the current SOFR Index of % plus a % Margin, minus the Auto-Pay Discount. The Variable Rate will adjust monthly and the loan payment will be re-amortized and may change monthly.

Auto-Pay Discount. The interest rate in effect will be reduced by 0.25% if either the borrower or the cosigner authorizes automated (ACH) payments from any bank account. This ACH interest rate reduction, referred to as the Auto-Pay Discount, applies only when full principal and interest payments are automatically drafted from a bank account. This interest rate reduction will not continue to apply during periods of approved forbearance or deferment. The Auto-Pay Discount will terminate if the automatic bank account payments discontinue or there are any three instances of insufficient funds at any time during the term of the loan. A borrower may requalify upon reauthorization of automatic payments from a valid bank account.

2. Credit Review and Approval. If you choose to apply for a Brazos Student Loan and continue your application past the pre-credit eligibility stage, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit inquiry. Hard credit inquiries (or hard credit pulls) are required for Brazos to be able to issue you a Brazos loan. In addition to requiring your explicit permission, these credit pulls may impact your credit score. The initial credit review is based on review of all the information you and your cosigner (if applicable) provide during the application process and the information obtained from your credit report(s). If you pass the initial credit review, you will need to provide acceptable documentation such as your income verification before the final loan approval.

3. Rates taken from competitors' websites as of May 5,2022. The range of rates shown many have changed. The specific rate you might receive from other lenders will be dependent on numerous factors, including your creditworthiness, the term and repayment option you select, available borrower benefits, and the length of any deferment period or periods assumed in calculating the rates.

Rates are not the only factor to consider when shopping for a private student loan. Repayment plans, deferment and forbearance options, and other loan details may be more important in your situation. Think carefully about your financial situation and understand all of the details about the loans you're comparing when deciding which private student loan is right for you.

4. Calculations of the total cost assume no payments are made while in school for a period of months and during a six-month grace period. The calculations assume repayment begins one month after the grace period ends and continues for a period of 120 months.