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Student Loans

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Financing For Education

American State Bank knows that the cost of attending college is higher than it’s ever been. To help local students, we work with Iowa Student Loan to provide supplemental financing to pay for post-secondary education.1 With a Partnership Advance Education Loan, you’ll get the following benefits:

  • Upfront terms so you know what to expect
  • Variable & fixed interest options available
  • Current students can defer payments or make interest-only payments
  • Interest rate reduction and cosigner release available

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Student Checklist

  • Complete the FAFSA – The Free Application for Federal Student Assistance (FAFSA) is a free form provided by the U.S. Department of Education that allows students to see if they are eligible for federal student loans. The application can be completed online on the FAFSA website.
  • Contact Your College’s Financial Aid Office – This allows you to check if you are eligible for state, federal, or institutional aid. You should do this prior to obtaining a private student loan, as it can decrease your eligibility for other forms of financial assistance.

About Iowa Student Loan

Iowa Student Loan was established in 1979 as a private, nonprofit corporation, and its mission is to help Iowa students and families obtain the resources necessary to succeed in postsecondary education.

1American State Bank is compensated by Iowa Student Loan for the referral of Partnership Loan customers.