Student Freedom Loan Find out if you qualify for a loan built to fund your education (and financial future!) Applications are currently closed. Stay in the loop and be among the first to know when the eligibility pre-screener opens for the next academic year. Your browser doesn’t support HTML5 video. Applications Are Currently Closed The Student Freedom Loan is a new kind of financial tool, built to help fund your education and position you to build long-term wealth after graduation. While applications are currently closed, we look forward to reopening the application process for the 2027 academic year. In the meantime, we encourage you to review the Student Freedom Loan eligibility requirements below to learn more about the program and prepare for the next application window. Keep Me Updated WHY CHOOSE THE SFL? Equitable loan terms. No predatory rates. Terms designed around your outcomes, not a lender’s bottom line. Financial literacy education. Funding plus the tools to make the most of it — so you graduate ahead, not just out. Built for HBCU students with long term vision Designed specifically for the HBCU ecosystem. Not a generic product retrofitted for just anybody. Learn how to leverage debt to create wealth Getting you to graduation is just the start. The SFL is structured to set you up for financial freedom beyond the four walls of the classroom. Requirements for the SFL Eligible Institutions: Attend an eligible institution. Check if your school is eligible here Qualifying Major: Pursuing a major that is listed on the list of eligible majors per the respective school. FAFSA Status: Complete the FAFSA or an acceptable state aid application that is approved by the student’s school. Class Level: : Be classified as a junior or senior for the academic year being funded. Enrollment: : Be enrolled full-time for the semester of application. Exceptions may be granted for students in their final year who require less than full-time enrollment to complete their bachelor’s degree. Degree: Be pursuing a degree in an approved program at your school. See the list here GPA: Have a cumulative GPA of 3.0 or higher. Social Security: Have a valid Social Security Number. Citizenship Status: Be a U.S. citizen. International students or foreign exchange students on a non-immigrant visa are not eligible. Age: Be of the age of majority in their state of residence. Want to Stay in the Loop? Thank you for your interest in the Student Freedom Loan (SFL)! The application window for the Student Freedom Loan is currently closed, but we look forward to reopening applications for the 2027 academic year. Complete the form below to receive updates on the SFL, including when the eligibility pre-screener becomes available. Keep Me Updated! First NameFirst NameEmail Elegible HBCUEligible HBCUClaflin UniversityClark Atlanta UniversityFlorida Agricultural and Mechanical UniversityHampton UniversityMorehouse CollegeNorfolk State UniversitySouthern University and A&M CollegeTexas Southern UniversityTuskegee UniversityXavier University of LouisianaOtherPlease enter your school's name FAQS Does checking my eligibility affect my credit score? No. Checking your eligibility requires no credit check and has zero impact on your credit score. Is there a limit to how many students can receive funding? Yes, there is a cap on the total number of loans issued each year, as well as a limit on the number of applications accepted from any one school. Applicants are prioritized based on when they complete all required application steps. What happens after I submit my eligibility form? Once you submit, our team will review your information and follow up via email with your next steps. If you qualify, you’ll receive instructions to complete your full application. Is my information safe? Yes. Your personal information is secure and will never be sold or shared with third parties. We take your privacy seriously. What if I am not eligible? Are there other options? If you are not eligible for the SFLA, you may still have other options to explore. While approval is not guaranteed, we have a mission-aligned, strategic partner who may be able to assist you further. Please click here to learn more and see if your unique circumstances may qualify. Why are only bachelor’s degree programs eligible? Focusing on bachelor’s degree programs allows us to simplify eligibility and create a more consistent student experience. It also aligns with how we track enrollment and academic progress. This helps ensure accuracy and efficiency across the program. FAQs for Previous/Current SFLA Borrowers Student Freedom Initiative — Empowering students to finance college as well as teaching them how to build generational wealth.