Key Bank History
Key Bank is one of the leading financial institutions offering wide range of banking services for individuals, business and corporate clients. With over 180 years of experience, Key Bank today is one of the 30 largest banks in the United States with more than 17,000 employees and a solid client base.
As a result of global economic recession in 2008 (also known as Global Financial Crisis or the Credit Crunch) triggered by liquidity problems in the U.S. banking system, Key Bank suspended student lending activity. As of 2011, Key Bank is still not offering student loans.
Key Bank Student Loans
Key Bank student loans were flexible loan options for students who wanted to finance their education. Unfortunately they are no longer available.
However there are other private lenders (e.g. Sallie Mae, Citi) offering high-quality loan products allowing to attend college or university. For example, Citi offers student loans available for undergraduate, graduate and professional degree students with a repayment period of 15-25 years plus no additional fees. Sallie Mae student loans include 8 loan types for various types of borrowers.
Key Bank Education Resources
Regardless of suspension of Key Bank student loans, there are still useful tools and resources available online for all visitors. Education planning section includes:
Library. Key Bank provides free access to number of articles covering student aid options, credit card basics, ways to pay for college without going into debts and other important topics.
Calculators and tools. It’s important to plan future tuition expenses and be able to calculate your future costs today. For customer convenience, Key Bank offers free planning and saving calculators. Additionally, you can find student loan checklist containing certain steps as an action plan.
Account and services. More education resources and services including student banking center and student checking account are available. Whether you’re looking for an account or student aid information these sections are important to use.
The Top 3 Alternatives
Although Key Bank student loans are no longer available, there are loan options you should not miss out. We prepared the top three alternative private student loans with affordable and flexible feature for you to consider.
1. Citibank. Citi offers several types of student loans available for undergraduate, graduate and professional students (law, health). All types of loans are offered through the CitiAssit Private Student Loan Program, the program specially designed by Citibank specialists to have opportunity in offering more flexible and affordable loan options. For detailed information about all types of Citi loans, specifics and other useful information, visit out Citibank student loans section.
2. Sallie Mae. As a leading financial institution in providing student loans, Sallie Mae, offers eight types of loans. Each type is “packaged” with special features (repayment plans, loan limits). Additionally, for almost all Sallie Mae education loans there are no origination fees. For more information, please, check out our detailed comparison table in Sallie Mae student loans section.
3. SunTrust. As one of the largest banks in the United States, SunTrust is offering two types of student loans: Academic Answer and Custom Choice Loan available for both undergraduate and graduate students. For more information about each loan type, please, visit our SunTrust education loans section.
