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Student Loan

Elevate Your Future

Unlock the power of education without being burdened by financial stress. Partnered with Higher Education Servicing Corp, we present the Texas Extra Credit Education Loan designed exclusively for Texas residents like you.1 When scholarships, grants, and federal aid aren’t enough, we step in.
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Texas Extra Credit is a low-cost private student loan developed specifically to help Texas residents pay for college when scholarships, grants, and federal aid just aren’t enough to cover the full cost of attendance.

By offering competitive fixed interest rates, a variety of repayment terms and options, valuable borrower benefits and an easy-to-use, online application that compares estimated repayment amounts for multiple loan scenarios in real time, we know Texas Extra Credit is the answer you’ve been looking for when it comes to paying for your education.

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Why Texas Extra Credit Education Loan Stands Out

  • Tailored for Texans

    Exclusively developed for Texas students.
  • Competitive Rates

    Enjoy fixed rates starting as low as 2.74% (with Auto Pay Discount2) up to 6.89% APR.3 
  • Easy, Fast, Application

    Get credit decisions in minutes with a 15-minute application process.4
  • Flexible Borrowing

    From $1,000 to $65,000 annually - even for past due balances.5
  • Transparent Pricing

    Say goodbye to application, disbursement, or origination fees.
  • Customized Repayment Choices

    Whether you’re looking for immediate, interest-only, or fully deferred repayment, we've got terms spanning 5 to 15 years to align with your needs.

Rewards for Your Commitment: Borrower Benefits

  • Celebrate Graduation

    Trim your interest rate by 0.25% on graduating with a bachelor's degree or higher.6
  • Simplify Payments

    Enroll in auto debit payments and get a 0.25% interest rate deduction.2 
  • Cosigner Flexibility

    Release your cosigner after the first 24 consistent monthly payments.7
  • Protection Matters

    Offering both Death8 and TPD9 forgiveness for added peace of mind.

Eligibility Criteria

  • Enrollment in a Texas-approved degree-granting program.

  • Permanent Texas residency.

  • Current income proof for the primary applicant.

  • U.S. citizenship or lawful permanent residency.

Satisfactory Academic Progress (SAP) isn't a prerequisite.

Starting Your Application

Starting your application is easy. Prepare your bio, employment history, financial details, and a reference. If you don't have all the details, we ensure your data is stored securely.

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Texas Extra Credit Education Loan

For any inquiries, get in touch from Monday-Friday, 8am-5pm CT.

Note for Prospective Borrowers:

Before considering private loans, it's recommended to explore all federal student aid options available at

Frequently Asked Questions

We suggest you exhaust all Federal aid, grants, and scholarships before applying for this student loan. However, completing the FAFSA is not a requirement for the Texas Extra Credit Education Loan.
Students without a credit history can increase their chances of passing the initial credit review by applying with a cosigner who meets creditworthiness guidelines.
Making payments of any type during the in-school period can significantly reduce the total cost of your student loan. If you select a repayment type that requires an in-school payment, all payments must be made on time during the in-school period.
Applying with a cosigner with good credit and income can help you satisfy the credit criteria for a student loan. It may increase your chances of passing the initial credit review and receiving a lower interest rate. Most students will need a cosigner to qualify. In a cosigned application, you and your cosigner intend to (a) jointly apply for credit and (b) be jointly liable for the requested loan.