Explore private funding after reviewing your federal aid options.
Private student loans can help eligible students cover school-certified costs when other funding sources are insufficient. The referenced program includes undergraduate and graduate borrowing, online applications, potential co-signers and rate discounts. Private loans should be compared carefully with federal loans, grants and work-study.
Key features and considerations.
School-cost funding
Eligible private loans may cover qualifying education expenses up to the lender's limits.
Rate checking
Some providers let borrowers review potential rates with a soft inquiry before a full application.
Co-signer options
A co-signer may be available for eligible applicants and can affect approval and pricing.
Repayment planning
Compare fixed or variable rates, term length, monthly payment and total cost.
Three steps before you continue.
Start with scholarships, grants, federal student aid and school resources.
A practical consideration to keep in mind as you evaluate this topic.
Check eligibility and potential rates without assuming approval or final terms.
A practical consideration to keep in mind as you evaluate this topic.
Compare total repayment costs and understand who is responsible for the debt.
A practical consideration to keep in mind as you evaluate this topic.
