Zions Bank Student Loans
Consider Your Local Lender
Many college students overlook their local banks when searching for financial aid. Like many banks, Zions Bank offers assistance to those wishing to further their education. Founded in Utah in 1873, Zions Bank has grown into a significant banking power in the west, with a significant presence in eight states: California, Colorado, Arizona, Idaho, New Mexico, Nevada and Washington, as well as Utah. With over 450 branches, Zions Bank is convenient for many students and their families in this region.
The Start Education Program
Zions Bank participates in the Start Education Program, funded through Charter One Bank. This program allows the borrower to obtain funds for up to the entire cost of their education, less any other financial aid received, of course. With no borrowing limit, this loan is perfect for many students who need to finance most of the cost of their education. Origination fees are based on credit scores, with good credit ratings scoring no fee!
In order to qualify for the program, you must be enrolled at least half-time in a degree or certificate program at a TERI (The Education Resource Institute) approved school. A satisfactory credit score and employment history is required, but a cosigner can help with approval.
Start Education Loans
Start Program Loans feature several repayment schedules, including deferral until your education is complete, immediate repayment schedules with low monthly payments, or interest only payments during enrollment. Earlier repayment schedules reduce the overall cost of the loans, while allowing the student low, affordable payments during enrollment.
Past due tuition balances are even eligible under the Start Education Program! Financing can be approved once proof of the past due balance is provided, allowing your education to continue uninterrupted.
How to Use the Program for College
The Start Program can be used for undergraduate studies, graduate programs, and continuing education. Special deferment programs apply to medical students while in residency or internship. Continuing education students can even defer their payments for up to two years while they earn additional credits. Another special feature of this innovative program is the availability of financing for parents of children enrolled in private schools. The Start K-12 loan allows parents to apply for up to $20,000 per year to help defray the cost of private school programs.
Zions Bank has made applying for the Start Program quick and easy. An application is available at your local branch or online. Whether applying online, by fax or phone, you can get preliminary approval in as little as 15 minutes, with funds being disbursed quickly upon approval.
Other Ways Zions Bank Supports Students
In addition to the Start Program, Zions Bank offers several other programs to support their customers’ education, including their "Codegreen" Student Checking, Founders Scholarships for high school graduates in Utah and Idaho, and student credit cards. Zions also awards $1000 scholarship funds to winners of their "Zions Pays for A’s" promotion. Students in middle school through high school can bring their report cards to their local Zions Bank and receive a dollar for each "A" earned. Every A also earns the student an entry into a drawing for a scholarship funds from $150 to $1000.
Zions Bank’s Start Education Program is a great choice for financing your education. With their long, stable history and innovative programs, Zions Bank is proving that they are dedicated to supporting students’ educational careers.