What are my private student loan options?

Private Student Loan Lenders

Compare Your Private Student Loan Options

Lender
Benefits
  • Competitive rates and no origination fees
  • No payments required while in school1*
  • Learn more »

Sallie Mae® Smart Option Student Loan® for Degree-Granting Institutions

When grants, scholarships, and federal aid are not enough, choose the Smart Option Student Loan. You can apply for the money you need for college, and the flexibility you want.

  • Competitive variable interest rates - 2.25% APR to 9.37% APR1* (Competitive fixed interest rates also available.)
  • No origination fees and no prepayment penalties
  • Get a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit2*
  • Borrow up to 100% of your school-certified cost of attendance (minimum $1,000)3*
  • Applying with a creditworthy cosigner may help lower your interest rate and give you a better chance of approval
  • After graduation a borrower may apply for their cosigner to be released from the loan once they have made 12 consecutive, on-time principal and interest payments and meet certain credit requirements4*

Sallie Mae Private Student Loan full terms and information

  • Low rates, free to apply & instant decision
  • Choose to defer or start paying right away to save
  • Learn more »

Get the money you need for school quickly and at a great price.

  • Fast application and instant credit decision
  • Low variable rates from 1.65% to 9.90% APR1^
  • Borrow up to 100% of the school-certified cost of attendance (minimum $2,000)2^
  • Free to apply and no disbursement fees
  • Choice of how long you take to repay - 8, 10, 12, or 15 years
  • Multiple repayment options, including deferred
  • 0.25% interest rate reduction when you make payments by automatic debit3^

No one wants to pay more than they have to for school. That's why the College Ave Student Loan Product has low rates and multiple repayment options to help you manage the total cost of the loan.

College Ave Student Loan full terms and information

  • Variable and fixed rate options available
  • No application or origination fees
  • Learn more »

PNC Solution Loan 1+

We realize that covering all of your expenses can be a challenge, especially when government loans and financial aid just aren't enough. Apply for your PNC Solution Loan today so you can get the money you need to finance your education.

  • Choose your interest rate option: variable or fixed rate
  • Get 0.50% off your interest rate with automated payments from your checking or savings account when making scheduled payments that include both principal and interest 2+
  • Enjoy flexible payment options: defer until you graduate or leave school, or start paying right away and save on interest 3+
  • Stress less about repaying your loan - take up to 15 years 4+
  • Stay focused on your education - we'll send funds directly to your school
  • A co-signer release option is available after 48 consecutive on-time monthly payments and is subject to credit approval

PNC Private Student Loan full terms and information

  • Choice of fixed or variable rates and zero fees
  • Get cash rewards for good grades
  • Learn more »

Discover® Student Loans

This private student loan is available for undergraduate and graduate students, and can cover up to 100% of school-certified costs such as tuition, books, housing, food and more.

  • Zero fees - no application fees, no origination fees, no late fees
  • Choice of competitive fixed or variable rates on private student loans
  • Students who get at least a 3.0 GPA or equivalent, get a one-time cash reward of 1% of the loan amount on each new Discover student loan. Must be redeemed within 6 months of the academic term covered by the loan.
  • Apply online or by phone in a few minutes and get an immediate response
  • US-based Student Loan Specialists are always available
  • Free customized scholarship search tool
  • No payments required while enrolled in school at least half time
  • 6-month grace period
  • 0.25% Auto Debit Reward (when you enroll in auto debit payments during repayment)
  • By adding a cosigner, you may improve your likelihood for loan approval and may lower your interest rates
  • Tools and information at DiscoverStudentLoans.com to help students and parents through each step of the process - from exploring financial aid to repaying student loans

Discover® Student Loans full terms and information

  • No application, origination or disbursement fees
  • Fixed or variable interest rate options for eligible applicants
  • Learn more »

Citizens Bank TruFit Student Loan®

Citizens Bank has a solution to manage college costs - the TruFit Student Loan®. This private college loan program picks up where grants, scholarships, and federal loans leave off, giving students a smart and affordable way to help cover expenses.

Choose interest and repayment terms that work for you

  • Fixed or variable interest rate options for eligible applicants
  • No application, origination or disbursement fees
  • Save up to 0.50 percentage points off your interest rate with available discounts1
  • Flexible repayment options

Citizens Bank Private Student Loan full terms and information

  • No origination fees
  • Choice of fixed or variable interest rate
  • Learn more »

SunTrust Custom Choice Loan®

Rising tuition, coupled with limited government aid, has created a widening gap between the cost of college and financial aid. The Custom Choice Loan® is a private student loan designed to fill the gap by allowing you to borrow the difference between school expenses and other financial aid such as federal loans, scholarships and grants.

  • Grace period, generally six months1**
  • Choice of repayment term2**
  • Choice of fixed or variable rate
  • Automatic Payment Discount of up to 0.50%3**
    • 0.25% interest rate reduction when you have your payments automatically deducted from a personal bank account
    • Additional 0.25% interest rate reduction for auto debit of monthly payments from a SunTrust Bank deposit account
  • 1% principal reduction upon graduation4**
  • Defer payments until after graduation5**
  • Cosigner release option available6**

SunTrust Private Student Loan full terms and information

  • No origination fees
  • 0.25% interest rate reduction for automatic payments
  • Learn more »

cuScholar Private Student Loan

Are federal loans enough to cover the cost of your college education? A cuScholar Private Student Loan from a not-for-profit credit union can be the answer to your funding needs.

  • Variable interest loan based upon 3-month LIBOR index plus margin
  • Borrow as little as $2,000 or up to the Cost of Attendance per year
    • Borrow up to $120,000 in undergraduate debt
    • Borrow up to $160,000 in graduate debt
  • Use the funds for any qualified educational expense
  • No prepayment penalty and 30-day loan cancellation policy

cuStudentLoans Private Student Loan full terms and information

  • No application, origination or disbursement fees
  • Fixed or variable interest rate options for eligible applicants
  • Learn more »

Charter One TruFit Student Loan®

The Charter One TruFit Student Loan® is a flexible, affordable borrowing option. Private student loans fill the final financial gap when federal direct student loans, grants, scholarships and family savings aren't enough. For most students, they're an essential part of the college equation.

Choose interest and repayment terms that work for you

  • Fixed or variable interest rate options for eligible applicants
  • No application, origination or disbursement fees
  • Save up to 0.50 percentage points off your interest rate with available discounts1
  • Flexible repayment options

Charter One Private Student Loan full terms and information

  • Great, low rates for MBA students & grad school alumni
  • We care about your success & support you all the way
  • Learn more »

If you're an MBA student or a grad school alum, CommonBond can provide your student loan through a simple, headache-free process:

Favorable Terms

You pick the rate and term that work best for you and your situation.

Easy Application

Pain-free online application can be completed in seven minutes.

Friendly Customer Service

Get your questions answered fast. Learn the pros and cons of your financing options. We'll get you up to speed quickly!

Personable

Be treated like a human...by a human. We take the time to get to know you and your situation.

Social Promise

Make a difference! For every degree fully funded by CommonBond, we fund the education of a student in need for a full year.

CommonBond Graduate Student Loan Refinancing and Consolidation full terms and information

  • No application, origination or disbursement fees
  • Earn a 2% principal reduction reward 1***
  • Learn more »

Hoosier Education Loan Partnership (HELP) Loan

Should grants and federal loans not cover your education costs, choose a HELP fixed or variable rate loan. Families at many Indiana colleges and universities appreciate HELP's multiple repayment plans and generous benefits. Apply to see if HELP is the answer to your education funding needs.

Choose interest and repayment terms that work for you

  • Fixed or variable interest rate options for eligible applicants
  • No application, origination or disbursement fees
  • Earn a 2.00% principal reduction reward after graduation 1***
  • Competitive variable interest rates - 3.18% APR to 8.48% APR 2*** (Competitive fixed interest rates also available)
  • Get a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit 1***
  • Flexible repayment options
  • A co-signer release option is available after the initial 48 consecutive on-time monthly payments and is subject to credit approval 1***
  • Benefit from a financial literacy tool as part of loan application process
  • Tools, information and additional help limiting student loan debt from financial aid experts at ISMCollegePlanning.org

Hoosier Education Loan Partnership (HELP) Loan full terms and information

  • Competitive fixed interest rates
  • No origination fee and no prepayment penalty
  • Co-signer release available
  • Learn more »

Need help paying for college expenses? WSFS Bank can help!

WSFS Bank is now offering Private Student Loans to meet your educational needs:

  • Competitive Interest Rates, and with good grades, potential for even lower rates
  • .25% Interest Rate Reduction when you sign up for automated ACH payments
  • Fixed Rates ranging from 7.00% to 8.25%
  • Cosigner release available for creditworthy borrowers after 48 consecutive, on-time principal and interest payments during the Repayment Period
  • Use your loan to pay for qualified education expenses, including tuition, room & board or books & computer.
  • Borrow as little as $2,000 or up to $30,000 per academic year for a maximum of $100,000 in undergraduate loans or $125,000 in graduate loans.

WSFS Bank Student Loan full terms and information

PrivateStudentLoans.com always recommends that students explore all of their financial aid options, from scholarships and grants to federal student loans, in addition to learning more about private student loans.

Edvisors cannot guarantee financial aid and loan eligibility for site users. Please check with your school or your lender directly for information related to your personal eligibility. Lenders that participate may not offer products to every school.

Edvisors Network receives compensation from the lenders on this site for referrals and the compensation may impact how and where the lender products appear on the site.

Illinois residents, please click on this link.

What are my private student loan options?