Compare Private Student Loans to Stafford Loans

Private Loan Benefits:
  • Borrow up to the cost of education
  • No FAFSA required

Private Student Loans help cover the difference between your total cost of education and other financial aid you have received, including Federal Stafford loans. Student loans can be used to cover educational expenses such as tuition, books, room and board, school fees, student computers, supplies and loan fees.

We recommend that you always exhaust Scholarships, Grants and Federal Loans before applying for Private Loans.

Private Student Loan and Stafford Loan Comparison

Federal Stafford and "Certified" Private Student Loans are disbursed to the school's financial aid office.

  Private Student Loan Federal Stafford Loan
Potential higher approval   Check
Requires school certification
Competitive rates and fees Check
Preliminary approval in
as little as 15 minutes
 
0.25% interest rate reduction for auto-debit
Take up to 20 years to repay Check
Funds disbursed to the school
Apply for certified private student loans
Learn More

For more information about private student loans, check out our frequently asked questions page, or simply get started and apply online.