Sallie Mae® has developed a wide range of private education loans, and other education-related services to help make students' dreams of higher education a reality.
Why Get a Student Loan from Sallie Mae?
Students and families can invest in their education with private education loans designed to responsibly bridge the gap between personal resources and federal student aid.
Private education loans:
Sallie Mae is committed to serving their borrowers so they can successfully pay their loans and build their credit.
Key features of Smart Option Student Loan® from Sallie Mae:
SoFi helps undergrads pay for college without the hassle. See rates and terms in just minutes—and get access to tips, tools, and resources along the way.
Why Get A Student Loan Through SoFi?
A better way to pay for school. SoFi’s helped 300,000+ grads refinance their student debt. Now we’re helping undergraduates pay for school with competitive-rate private school loans.
Key features of a student loans from SoFi:
College Ave is one of the newest and most-innovative lenders in the private student loan marketplace.
What Are the Benefits of a College Ave Student Loan?
College Ave stands out in two areas: flexibility and ease of use.
If you want extremely flexible loan repayment options, you should definitely consider looking into student loans from College Ave.
College Ave allows multiple repayment options. For example, if you’re a student, you can opt to make full-principal plus interest payments, interest-only payments, or flat payments of amounts as low as $25 per month while you’re still in school. Borrowers may also defer payments until school is complete.
Key features of a student loans from College Ave:
CommonBond entered the student loan marketplace five+ years ago with a novel idea: bring the concept of crowdsourcing to college loans.
Why Get A Student Loan Through CommonBond?
CommonBond entered the student loan marketplace five years ago with a novel idea: bring the concept of crowdsourcing to college loans. The idea quickly garnered attention from investors and CommonBond took off.Some additional key factors to consider:
Key features of a private student loans through CommonBond:
To help you borrow responsibly, Ascent has incorporated financial education into their application process.
What are the benefits of an Ascent student loan?If you're in the market for a student loan, Ascent has three unique benefits that you should pay attention to:
Ascent offers a 1% Cash Back** Graduation Reward if you meet certain qualifying criteria. This is a very unusual benefit among student loan lenders. Depending how much you borrow, your reward could be enough to cover your first monthly payment ... or to buy a new outfit to wear on job interviews.
Key features of a private student loans through Ascent:
Citizens One is an established bank with a solid history in student lending.
Why Get a Student Loan from Citizens One?
Citizens One offers student loans for undergraduate and graduate studies, as well as parent loans. It also has special offerings for business and law degrees and medical and dental degrees.You can apply for a loan as small as $1,000.Maximum aggregate loan amounts are:9
Citizens also offers a multi-year approval option. 8With their exclusive multi-year approval, you could qualify now through graduation. No searching for a loan each year or having to re-apply. You just simply request your funds once approved.
Key features of a student loan from Citizens One:
LendKey is one of the most exciting new players in the student loan space
Why Get A Student Loan From LendKey?
LendKey is one of the most exciting new players in the student loan space. It connects borrowers with smaller, local banks and credit unions around the country, giving you access to potentially great deals that might not otherwise be on your radar screen.
But that’s not all. Loans offered through LendKey are also serviced through LendKey. That means you can apply online on LendKey’s site, select your repayment options through their online portal, and then make payments through LendKey. That allows you, as the borrower, to enjoy a sophisticated level of service and convenience that you might not otherwise get through a smaller lender.
Key features of a student loan from LendKey:
If savings, scholarships, and grants aren't enough to fully fund your college education, you might be considering taking out a private student loan. While you want to make sure that you're getting the beast deal possible, it's also important to ensure that you're working with a reputable lender.
Only 8% of students get approved without a co-signer as most students have little income or no credit history.
Having a variety of payment plans to choose from means that you can select an option that will set you up for success. For example, if you're not able to make full payments while you're ion school, making interest-only payments until you graduate can prevent additional interest from accruing and inflating the size of your loan.
A grace period after graduation means that you're not obligated to start making full payments on your loan right away. A typical grace period is about six months after graduation or after your enrollment drops to half-time.
Few incoming college students have the credit history to qualify for a loan on their own. Most reputable lenders will allow you to release your cosigner from their obligation after you've established your own positive credit history and made a certain number on of-time payments. It's a great way to thank your cosigner for their help.
Many lenders offer reduced interest rates to qualified lenders. For example, signing up for autopay can often yield a discount of 0.25 percentage points. That quarter of a percent can save you a lot of money over the life of your loan.