Student Financing Platform

Drive Gen Z engagement and loyalty.

Student loans are an excellent opportunity to build long-term relationships with younger members. Research shows that among borrowers who turn to a credit union for student loans, 65% of them open a checking account, 55% obtain a credit card, and 44% open a savings account. With Sparrow, a new Navatros solution, your credit union can help young borrowers fund their education without becoming the lender of record and earn a fee for every loan originating from your credit union’s website, which boosts non-interest income.

Sparrow is an online student loan and refinancing platform where borrowers can search for a loan from a national network of 17+ private lenders to find the best rates and terms. Adding Sparrow’s white-labeled student loan marketplace to a website takes just a few minutes, and no custom programming or complex integrations are required. If your credit union already offers student loans, partnering with Sparrow can help increase loan applications, Gen Z membership, and cross-selling opportunities. The platform provides various student loan products, including undergraduate and graduate loans, international student loans, student loan refinancing, and parent student loans.