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Private Student Loans Edit
Private student loans provide additional funding after a borrower has maximized his or her federal loan eligibility.
Here are some factors you should consider when deciding if private student loans are right for you:Edit
- Have you exhausted all other sources of financial aid, including grants, scholarships, Work-Study, and federal student loans
- Do you have an established credit history or a creditworthy cosigner?
- Do you need to borrow money to cover school-related living expenses?
- Will you be attending school full- or part-time?
Understand Student Loan Types - See what type of student loan you need
Compare Federal & Private Student Loan Options - See the difference between types of federal student loans and private student loans
In-School Expense Estimator - Estimate your unmet financial need by calculating your in-school expenses and any gaps in your financing.