Student loan debt is not always avoidable for those pursuing higher education. Interest rates for educational loans can vary from lender to lender; and federal student loan interest rates have been increasing year-over-year. Thankfully, United Methodist students do not have to worry about increasing interest rates. Through its Office of Loans and Scholarships, the General Board of Higher Education and Ministry (GBHEM) offers United Methodist students the lowest interest for student loans in the U.S. GBHEM loan interest rates range from 3.75 percent to 5 percent (pending the deferment option chosen) compared to federal loan interest rates that range from 4.45 percent to 7 percent.

Students may borrow up to $5,000 per calendar year for a maximum total of $20,000 during a four-year college career. United Methodist student loan rates for 2017-2018 academic year are no more than 5 percent, with the lowest rate at 3.75 percent. Spring loan applications are open December 13, 2017 to May 2, 2018. Scholarship applications for the 2018-2019 academic year open January 3, 2018 - March 7, 2018.

For more information about the low-interest student loans and scholarships available through GBHEM, visit

View GBHEM Press Release