Find Private Student Loans Instantly

Finding Student Loans ...

Need more money to pay for college? You're in the right place. Use our tool to quickly find which of our lending partners are offering loans for your school. The best private student loans are just a few clicks away. Enter the name of your school and explore your options.

Student Loan Checklist:

  1. Have you considered federal student loans?

    Apply for financial aid for college or graduate school with the government's online Free Application for Federal Student Aid (FAFSA).

  2. Do you have a cosigner?

    A cosigner can drastically improve your chance of being approved, so you may want to ask a parent or guardian to act as your cosigner.

  3. Are you enrolled in an eligible school?

    Use our search tool to see which loan options are available for your school.

  4. Do you have your financial information ready?

    Make sure you or your cosigner have the proper financial information ready before you start the application process. This could include: social security numbers, gross annual incomes, a copy of your latest tax returns, or a recent pay stub.

  5. Do you have your school information ready?

    Be prepared to provide information about your graduation date, loan period, and the amount you’ll need to borrow.

Common Student Loan Questions, Answered
What is a cosigner?

A cosigner (usually a parent or guardian) is somebody who signs on to a private loan with a borrower (the student in need), guaranteeing that if the borrower cannot pay back the loan, the co-signer will be legally responsible for the loan repayment.

When applying for a private loan (as opposed to a public loan), a cosigner is required since most students have little to no credit history and very little income, both of which are necessary for the bank to evaluate your ability to pay back a loan. Lenders are not likely to approve a loan for somebody with no proven track record of being able to pay back debt and little income to do it with.

What is the difference between private loans and federal loans?

Generally, private loans tend to be less flexible when it comes to interest rates, repayment, and qualification, which can be an issue if you have trouble finding work after graduation.

Read more about the differences between private and federal loans.

When do I start paying back my loans?

If you take out federal loans, you have a “grace period” or a period of 6 months after graduation, which students usually need to secure employment and have enough income to make monthly payments. After the 6 month grace period, you must start repaying your loans and accrued loan interest in monthly installments.

Contact your lender to learn more about the different repayment plans. Staff is available to help you choose a repayment plan that fits your needs.

Private loan payments are most likely due while you are still in school.

What is student loan interest?

Interest is defined as “money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt”. In layman’s terms, interest is the money you have to pay in addition to the original amount as an added fee for borrowing the money. Student loans have varying interest rates, that is, the percentage of your outstanding loan payment that you must pay in addition to the original amount.

Still have questions? Check out our full student loan guide.

Student Loan Resources on Niche

Niche may be compensated by the third party lenders and others who place ads on the website. Niche is not a lender and does not endorse the products of these advertisers. Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. There are many additional borrowing options available.

View Sallie Mae Disclaimer

Advertised rates and other loan information are for the Sallie Mae®️ Smart Option Student Loan®️ for undergraduates. Borrow Responsibly

We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

This information is for undergraduate students attending participating degree-granting schools. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

  1. Interest is charged starting at disbursement, during school and the separation/grace period, and until the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $10,000 loan to a freshman with no other Sallie Mae loans. Borrower or cosigner must enroll in auto debit through Sallie Mae to receive a 0.25 percentage point interest rate reduction benefit. This benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month and may be suspended during periods of forbearance or deferment, if available for the loan.
  2. Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
  3. This promotional benefit is provided at no cost to borrowers with loans that first disburse between July 1, 2018 and April 30, 2021. Borrowers who reside in, attend school in, or borrow for a student attending school in Maine are not eligible for this benefit. No cash value. Terms and Conditions apply. Please visit Chegg.com/studystarter/termsandconditions for complete details. This offer expires one year after issuance.
  4. Loan amount cannot exceed the cost of attendance less financial aid received as certified by the school. Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount.
  5. Based on a comparison of approval rates for Sallie Mae Smart Option Student Loans for undergraduate students who applied with a cosigner versus without a cosigner during a rolling 12 month period from October 1, 2017 through September 30, 2018.

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

Information valid as of 5/26/2020.

Smart Option Student Loans®️ are made by Sallie Mae Bank or a lender partner. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners.

©️2020 Sallie Mae Bank. All rights reserved.

SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.

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View College Ave Disclaimer

College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.

As certified by your school and less any other financial aid you might receive. Minimum $1,000.

  1. Rates shown are for the College Ave Undergraduate Loan product and include autopay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.
  2. This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 8.35% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $179.18 while in the repayment period, for a total amount of payments of $21,501.54. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
  3. Information advertised valid as of 8/12/2020. Variable interest rates may increase after consummation. Lowest advertised rates require selection of full principal and interest payments with the shortest available loan term.
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View CommonBond Disclaimer

Offered terms are subject to change and state law restriction. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900), NMLS Consumer Access. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. ‍ All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.17% effective Sep 1, 2020 and may increase after consummation.

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