Learn all you need for the application
Citizens Bank distinguishes itself through its comprehensive array of student loan offerings. Boasting a widespread presence with over 1,200 branches and 3,000 ATMs across nine states in the U.S., the bank is a prominent provider of financial solutions.
The bank’s student loans are designed to accommodate the diverse educational pursuits of American students. For undergraduate students, Citizens Bank extends loans of up to $150,000, with repayment periods extending up to 180 months, facilitating a flexible and tailored approach.
For graduate students, Citizens Bank offers specialized loans catering to diverse academic disciplines such as master’s programs, MBAs, law, medicine, or dentistry. The loan amounts vary, with repayment plans spanning up to 180 months. Co-signers are required for both undergraduate and graduate student loans.
The bank’s commitment to providing tailored financial solutions underscores its dedication to supporting the educational journeys of aspiring individuals.
Who can Apply?
The application process varies depending on the type of student loan, whether for undergraduate or graduate students. In general, the main requirements for students in both cases include:
- Being a U.S. citizen or permanent resident. For international students, a U.S. co-signer or permanent resident is required
- Having a good credit score or providing a co-signer
- Being at least 18 or 21 years old, depending on the state
- Not being in default on another student loan.
Additionally, the student must be enrolled in an eligible educational institution, either for undergraduate or graduate studies. The documentation required may vary depending on each case.
For other types of student loans, there will be specific requirements, especially for those seeking refinancing. It’s worth noting that it’s not necessary to be a prior customer of Citizens Bank to apply for any of the bank’s student loans.
How is the application process at Citizens Bank Student Loans?
Both the graduate and postgraduate pages have a link directing to the application form. Regardless, it is necessary to create a user profile on the platform. The first piece of information required is the email address, which will be used for login. Following that, the student needs to provide the following details:
- Full Name
- Mobile Number
- Password
The bank’s system will send a confirmation code to the provided email address. Subsequently, the student will need to furnish more information about the loan needs, choosing whether the application will be with or without a co-signer and providing personal, housing, and income details.
Citizens Bank will also request all information about the educational institution and the course. For clients with a co-signer, it will be necessary to submit all the partner’s details.
During the process, the client will need to submit documents such as:
- Proof of identity (passport or driver’s license, for example)
- Enrollment certificates
- Proof of income and address
The application process is quick but deserves careful attention to provide all the information correctly and avoid issues that could delay the bank’s response.
Additional documents and verifications may be requested during the process. In addition to the online form, the client can visit a Citizens Bank branch or call the bank directly.
Want to look at another option?
The U.S. market offers a variety of other options to meet different needs. In this regard, PNC Bank provides personal loan plans of up to $35,000 for the public. It’s worth noting that the funds can be used for purposes beyond educational needs.