Student Loans
Your Way

Student Loans
Your Way

Imagine a loan that’s customizable to your exact needs—now and into the future. That’s the freedom of Custom Choice. Students and cosigners both benefit from absolutely no fees, including no late or prepayment fees. Now, you can prequalify1—check your rate in minutes, with no impact to your credit, and easily compare your options before you choose.

What You Need to Apply

  • Pay stub or other proof of income (less than 30 days old)
  • Monthly housing cost
  • Anticipated graduation date
  • Loan amount
  • Academic period for loan
  • Permanent resident aliens and Eligible Non-Citizens2 will be required to provide documentation regarding current immigration status in the United States. The document(s) must be valid through the academic period.
  • Additional information may be required after your application is submitted for review.

Check Out Our Competitive Rates

Make automatic payments from a bank account and receive a .25% discount7 for even more savings. Plus, all loans include a 2% principal reduction with proof of graduation.8

Variable Rate

1.03% - 9.67%

Fixed Rate

3.20% - 10.76%

Lowest APRs include a 0.25% discount when auto pay is elected.9,10

It's So Easy to Apply and Compare



Get a decision in just minutes with absolutely no impact to your credit.1 Adding a parent or other adult as a cosigner will help!


Complete Application

Once you’ve prequalified, complete your online application in minutes. You won’t pay a single fee to make it happen. Seriously.


Customize Loan Options

After you’re approved, it’s your choice how payments will work. We’ll help you do the math and see how the numbers fit your budget.

Repayment Options


Focus on your education and make no payments in school

  • Begin payments 6 months after graduation
  • Highest overall costs

Flat Payment11

Make a flat $25 payment each month to reduce your interest

  • Lowest payment option in school
  • Reduce some of your overall costs

Interest Only11

Pay the accrued interest each month during school

  • Moderate payments during school
  • Reduce overall costs significantly


Make payments on both principal and interest immediately

  • Highest payment
  • Lowest overall costs

Am I Eligible?


A Custom Choice Loan® covers up to 100% of your school-certified cost of attendance, which typically includes things like tuition and fees, books and supplies, room and board, transportation and personal expenses.4

Eligibility Requirements for the Student

  • Be enrolled at least half-time at an eligible institution in a degree-granting program.
  • Be the legal age of majority, or at least 17 years of age at the time of application if applying with a cosigner who meets the age of majority requirements in the cosigner’s state of residence.12
  • Be a U.S. citizen or permanent resident applying with a qualified cosigner who is a U.S. citizen or permanent resident.

Scholarship Sweepstakes

With the Paying for College Scholarship Sweepstakes, Custom Choice is sponsoring a $1,500 scholarship every month until February 28, 2022.13 It’s just one more way we’re working to ease the costs of higher education.


Scholarship Sweepstakes


With the Paying for College Scholarship Sweepstakes, Custom Choice is sponsoring a $1,500 scholarship every month until February.13 It’s just one more way we’re working to ease the costs of higher education.


Have some questions for us?
We have answers.

Everything you need to know about private student loans.

Contact Us


Speak with a Custom Choice Loan Specialist


Email a Custom Choice Loan Specialist


Reach Us by Mail

Cognition Financial
200 Clarendon Street, 3rd Floor
Boston, MA 02116