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Take Control of Your Future

Student Freedom Loan Agreement

Say goodbye to the stress and anxiety of traditional student loans
and hello to a brighter, more affordable future.

Apply Now

Ground breaking Approach

Our subsidiary, Student Freedom Fund (SFF) offers a groundbreaking approach to funding your education, specifically designed for STEM majors at Minority Serving Institutions (MSIs). Recognizing the racial gap in student loan debt that contributes to long-term disparities and exacerbates the racial wealth gap, SFF’s loan product called the Student Freedom Loan Agreement (SFLA) offers a more equitable financial solution with lower interest rates than Parent PLUS loans. This approach aims to alleviate the burdens faced by STEM students at MSIs, providing a sustainable path to finance their education. SFLA stands out for its accessibility, allowing you to apply without a co-signer or credit check, and offers up to $40,000 annually toward your academic endeavors. SFLA empowers you to focus on what truly matters: excelling in your studies and building a career path in STEM, free from the typical anxieties of student loans. Take advantage of this opportunity to chart a course toward a future where your educational aspirations and financial wellbeing harmoniously align. The approach not only provides a benefit to current students, but it also provides an equivalent benefit to future students based on payments from past SFLA recipients. To learn more, please see our Application and Solicitation Disclosure. Starting with Fall 2024 academic year, those non-STEM major students will be able to apply the SFLA to cover courses taught at participating MSIs leading to a recognized STEM certification.

STEM-Focused Support

Tailored specifically for STEM majors at Minority Serving Institutions, this program provides the necessary backing to propel you into a future of innovation and discovery.

Financial Stress Reduction

Experience the flexibility of a repayment plan that lowers your required payment to $0 when your income is less than 300% of the Federal Poverty Level, ensuring your payments are always manageable.

Barrier-Free Access to Education

Apply without the need for a co-signer or credit check, breaking down traditional barriers to higher education and opening doors to a world of learning and opportunity.

Endowment Without Walls

Student Freedom Fund provides an evergreen source of accessible and low-cost funds for students, offering an alternative to Parent PLUS and private student loans.

Significant Educational Investment

Receive up to $20,000 annually to finance your education, a substantial contribution that significantly reduces the financial challenges of pursuing higher education.

Comprehensive Support

If you’re eligible for the SFLA you are likely eligible for our other programs. Get access to paid-internships, assistance with a one-time financial emergency, and more.

Pay It Forward

Your post graduation repayment provides an equivalent benefit for future students attending MSIs.

How it works

Payments made easy.
Customized to your needs.

Get up to $20,000 annually for school without a co-signer or credit check. Eligibility requirements apply, including being enrolled at least half-time at a participating Student Freedom Initiative partner school and meeting academic progress standards.
Our online application process is simple and straightforward, and our team of experts is always available to help you through the process.

NMLS ID 24711270 – click on link to verify license status: Consumer Access (

see if you qualify

To see if your school is a participating SFLA school, please select from the drop-down menu below and begin the application process.


  • Academic Year: Sophomores and above at participating MSIs
  • Eligible Programs: Eligible STEM majors and approved certificate programs.
  • Enrollment Status: Half Time or Greater
  • Academic Status: Undergraduate
  • GPA Requirement: Meeting Satisfactory Academic Progress (as defined by university)
  • Other Requirements: Valid SSN, Complete FAFSA
  • Please note: International & Foreign Exchange Students are not eligible for this funding option


What is the Student Freedom Loan Agreement?
Who can apply for Student Freedom Loan Agreement?
Can parents or guardians apply for the Student Freedom Loan Agreement for their student?
Where can eligible students apply for the Student Freedom Loan Agreement?
Are Freshman students eligible to apply for a Student Freedom Loan Agreement?
Why is funding for the Student Freedom Loan Agreement only available to STEM majors?
What are the steps in completing the Student Freedom Loan Agreement application?
How long does it take to find out if a student is qualified for funding through a Student Freedom Loan Agreement?
How will students be notified that they have been approved for funding under the Student Freedom Loan Agreement?
I’ve signed up for the Student Freedom Loan Agreement, how long until I get my money?
How much money can I get?
Can I spend the money on anything?
I have questions that were not answered by this page. How can I learn more?
Can I use Student Freedom Loan Agreement funds to cover a prior balance?



Participating MSIs/TCUs




SFLAs Disbursed