What is New School Lending

Don't Borrow From Your Future Self

The reason to use Thrivent Student Loan Resources if you're looking into financing college is simple: we've changed student lending to help you, not handcuff you. But before you can change how things are done, you need to know what you're doing.

Thankfully, we're backed by Thrivent Financial, a membership-owned financial services institution that helps members make financial decisions that reflect their values. With more than $116 billion in assets under management/advisement as of 12/31/16, Thrivent's 100+ years of strong, stable financial performance enables us to know exactly what it takes to improve the system.

New School Lending Principles

It's time for a new approach to paying for college. Which is why we don't subscribe to the old school mentality of dishing out as much as we can.

New School Lending Principles
  • You should borrow as little as possible to pay for school.

    Not a dollar more, not a penny less.

  • You are not a loan.

    You are more than a number to us.

    We lend through credit unions and other mission aligned financial institutions.

    We are a not-for-profit organization.

  • You should have a plan of action to fund your education.

    We can help you determine what you need and track your progress.

  • Look at education as an investment and calculate your ROI.

    Your loan payment should not be more than 10% of your usual income, and you should be able to pay it off in 10 years or less.

    Don't let the cost of college derail future dreams.

  • You shouldn't leave free money on the table.

    Apply for scholarships early and often!