Private Student Loans
Get the additional money you need for college with a Private student loan. Private loans are credit-based college loans that can help you cover up to 100% of your college education expenses. Whether you need additional money for college textbooks, supplies, travel, a laptop or you need additional funds to cover tuition and fees, private student loans are available to you!
If you are interested in a private student loan there are many lenders who can help you. We recommend any of the following lenders.
Private Student Loan Lenders
- Discover Student Loans
- Chase Student Loans
- Bank of America
Remember, private student loans are a great benefit to college students but should only be considered once you’ve taken advantage of all your federal student loans and federal aid. Private loans are a great way to cover that gap between what your federal aid will pay for and what you still need and owe for college.
As private student loans are credit based college loans and not need based student loans like federal aid, you may be required to have a co-signer. Not all private student loan offers require you to have a co-signer but you do typically need to meet the private loan lenders credit requirements. However, some private loan lenders offer incentives if you apply with a co-signer for your private student loan. So, even if you meet the credit requirements it may benefit you to still apply with a co-signer (if available), as private student loan lenders will offer incentives.
Private Student Loan Benefits
- Competitive interest rates and fees
- A check sent directly to you
- Free to apply
- NO FAFSA required
- No payments till after graduation
- No co-signer needed
- No deadlines
Another benefit to private student loans is that there are no deadlines like with federal student loans and federal aid. So, you get the money when you needed it. Whether it be at the beginning, middle or end of the year, private student loans are available for you when you need that additional money for college.