SimpliCollege
Private Student Loans
SimpliCollege has partnered with College Aid Direct to bring you curated Private Student Loans to fill the financial aid need so you can focus on your dreams.
So you worked hard during High School and are now accepted to the College or University and need help paying that tuition bill.
Or do you just need some more money for that next semester?
Now what? Read our tips and tricks below then pick a Lender and apply today.
Apply now and mark that tuition bill paid in minutes.
Private Student Loan Lenders
| LENDER | VARIABLE APR | FIXED APR | LOAN TERM | |
|---|---|---|---|---|
|
5.04% APR 1 – 15.21% APR 1 | 3.49% APR 1 – 15.49% APR 1 | 10-15 YEARS 2 |
Lender Disclosures |
|
4.99% – 15.50% APR 3 | 3.94% – 16.25% APR 3 | 10-25 YEARS 4 |
Lender Disclosures |
|
5.62% APR – 16.85% APR | 3.74% APR – 16.49% APR | 5-15 YEARS |
Lender Disclosures |
|
6.01% -13.76% | 3.99%-12.61% | 10 YEARS |
Lender Disclosures |
Tips and tricks, they will not tell you:
- Apply for Scholarships. Free money is good. You will have to work for it, fill out a form or write an essay. But free is good. Check out our free scholarship search .
- Fill out the FAFSA to determine eligibility for Federal and State aid including Grants. The FAFSA is free . Never pay to fill it out. Fill it out here for at Federal Student Aid , An office of the U.S. Department of Education.
- Compare Federal Loans to Private student loan sources. The Federal student loans charge origination fees and you may be able to get better rates from Private student loan Lenders, if you or your cosigner have good credit.
- Apply for multiple lenders at the same time and compare the rates. We know it is extra work but a few minutes could save you thousands of dollars.
- Always apply with a credit worthy cosigner. Face it, you aren't a good credit risk to a Lender. No job, no credit and not going to pay them back for 4 or 5 years. The Lenders gives you credit for your cosigners credit history, and you have a better chance of getting approved and getting a lower interest rate
- Compare borrower benefits. ACH can save you .25%. Can your cosigners be released and when?
- 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. Keep in mind every dollar borrowed today needs to be paid back with interest.