iHELP Student Loans Review

Rating: 9.1 / 10 (Excellent)
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iHelp is a private student lending program administered by Reunion Student Loan Finance Corporation, a student loan originator and servicer with over 30 years of experience in the industry, and the Independent Community Bankers of America. It was founded in 1997 and is headquartered in Aberdeen, South Dakota.

How is iHELP rated?


Loan Specifics
Customer Experience
Company Reputation

Overall Rating: 9.1 / 10 (Excellent)

Compared to its competitors, iHELP only offers variable interest rates with three longer-than-average loan terms. The program offers a low minimum loan amount, which will allow students to borrow small amounts, as well as deferment and forbearance programs. iHELP promotes student lending from community banks instead of large lending institutions, which some students may find attractive.

iHELP Loan Specifics

Loan Specifics - 9 / 10

iHELP offers undergraduate and graduate student loans with a variable rate only. It also offers three repayment options and three terms with a minimum loan amount of $1,000 available in most states. There are no origination fees or a prepayment penalty. It also offers deferment, as well as forbearance on all loans.
Loan Types
Minimum Loan Amount
$1,000, $3,000 (Georgia only)
Maximum Loan Amount
$100,000 (undergraduate), $150,000 (graduate)
Loan Term
10, 15, or 20 years
Interest Rates
Variable APR Range
Repayment Options
Grace Period
Deferment or Forbearance
Cosigner Release

iHELP Qualifications

Qualifications - 9 / 10

The applicant must be a U.S. citizen or permanent legal resident who has had an annual income of $24,000 or higher for more than two years as well as a positive credit history of three years or more. A cosigner is not required on undergraduate or graduate loans.
Cosigner Required
Course Load
Citizenship Requirement
U.S. Citizen
Permanent Legal Resident
Study Abroad Program Eligible

iHELP Customer Experience

Customer Experience - 8.5 / 10

The program provides an "instant online credit decision" and offers an interest rate reduction discount with a specific interest rate that starts after repayment of 24 consecutive repayments. There is no student loan calculator on the program's website.
Student Loan Calculator
Online Quotes
0.30% interest rate reduction, after graduation for the LIBOR + 8.50% interest after loan enters repayment and after 24 consecutive repayments.

iHELP Company Reputation

Company Reputation - 10 / 10

iHELP is jointly administered by Reunion Student Loan Finance Corporation and the Independent Community Bankers Of America, which has a BBB rating of A+ with no negative reviews. There is no Trustpilot rating or reviews.
Lender Type
Year Founded
BBB Rating
Number of BBB Positive Reviews
Number of BBB Negative Reviews
Date Collected

Company Profile

Full Name
iHELP Student Loans
Company Website
105 1st Ave SW, Aberdeen, SD, 57401
Mailing Address
PO Box 4500, Aberdeen, SD, 57402

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Top Rated
9.9 / 10
  • Multiple in-school repayment options
  • Check application status online
  • Loan e-signing
  • Free scholarship registration
  • BBB A+ rating