Private Student Loans
Wondering how you'll cover the cost of attending school this year? Private student loans may be a solution for you when other forms of financial aid fall short.
Private student loans are:
- A resource to help meet the total cost of your education
- A way to supplement your federal financial aid, when you need it most
- Credit-based funds to use for any education-related expense including books and computers
Private College Student Loan Benefits
Private student loan interest rates can be fixed or variable based on a number of factors like indexes and margins. These loans may cover summer courses when your school might not apply Federal aid toward summer programs. Other expenses you incur during college like rental payments and transportation may also be paid for with your private student loans.
Private loans are not restricted or based on financial need, so any creditworthy student is eligible and you can borrow what you need up to the total cost of your education.
We strongly recommend applying with a cosigner. Doing so can increase your chances of approval, and potentially lower your interest rate. Learn more about adding a cosigner to your private loan application.
School and Organizations, feel free to link to our private student loan lender list which includes some of the top brands in the business.
Private Student Loan News
May 10 2013 - To help you decide if this is a good option for your family, take a look at the following tips on applying for and managing your Parent PLUS Loan.
Apr 16 2013 - To help families through this award letter season, here is a breakdown of how and when to accept—or apply for—all types of student loans.
Read the latest private student loan news