Private Student Loans

use to cover the difference between cost and college aid received

Private Student Loans can make up the difference between total cost of school and any financial aid that the student may receive. You can get extra funds to pay for tuition, books, housing, computer and other education expenses.

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financial aid types

Loan Amounts

  • private student loans can make up the difference between total cost of school and any financial aid that the student may receive — up to 100% of the certified cost of education 3
  • you can get extra funds to pay for tuition, books, housing, computer and other education expenses.
  • pay now or later-defer your payments until after graduation or choose an in-school repayment option that fits your needs 1
  • 0.25% rate reduction incentives available for automatic payment 2
when you need extra aid
view our private student loan module

financial aid types

Start Your Application

or dial: 1-866-813-7760

financial aid types

Loan Eligibility

  • satisfactory credit history required with or without a co-signer
  • applying with a credit-worthy cosigner may help you qualify and/or receive a lower interest rate
  • you can apply for a cosigner release after you graduate and make 12 consecutive on-time principal and interest payments 5
  • no originations fees for degree-granting institutions
when you need extra aid
view our private student loan module

financial aid types

Interest Rates

  • Variable interest rates start from:
    4.00% APR to 10.86% APR 1
  • Fixed interest rates:
    5.74% APR to 11.85% APR 1
  • Lower rates for graduate students:
    (variable) 4.00% APR to 8.91% APR;1
    (fixed) 5.74% APR to 8.56% 1
  • no origination fees
  • no prepayment penalty