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www.finaid.org offers good information about student loans. Here you will find links to different loan comparison sites and information about different options of governmental loans, as private loans should only be chosen if all governmental options are already used.

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13y ago

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What are student loans?

The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.


What are private student loans?

The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.


Can you apply for a private student loan before you apply for a grant?

Yes, but you should find out how much Grant money and Federal student loan money you are eligible for before applying for Private student loans. Grants are free and Federal student loans are cheap. Private student loans are very expensive. Avoid them if you can.


Who can apply for a private student loan?

Any person can apply for a private student loan at any time during the school year. Request for private student loans can be found and filled out online.


Where can one go to apply for private student loans?

Many universities and college can help you get student loans, but some of the best places to apply for private student loans are your local bank. Banks such as Wells Fargo does private student loans. I would also recommend comparing several of the banks in your area online to see if you can find information about interest rates and fee's.


Are all college students eligible for private student loans?

College students are eligible for private student loans. You need to apply with your banks to see if you are personally eligible and have decent credit to be approved.


What is the legal age to apply for a student loan?

The age requirements for private loans and federal loans differ. Many private lenders require that a student be at least 18 years old to apply for a student loan. However, this is not a legal requirement. The minimum age to apply for federal aid is 16.


How can one apply for a student loan in the US?

You can apply online for a student loan in the United States by visiting the FinAid website. This company offers private student loans that are not federally funded.


What is the statute of limitations on private student loans in Florida?

what is the statute of limitation on private student loans in florida


Can private student loans be consolidated with federal student loans?

Sometimes private student loans can be consolidated depending on certain factors including the rules of your lender, whether you are in deferrment or default and your credit score. You cannot however, consolidate federal student loans and private student loans together.


What is the meaning of chase student loans?

Chase student loans are private loans that you can apply for after you have already attempted to receive federal student loans. These loans are meant to be additional help, or supplemental, as they typically are not of a big enough value to cover the cost of tuition or other educational needs you may have.


Where to look for private student loans?

The most trusted resource for student loans is the Sallie Mae foundation. You can fill out a simple application at www.salliemae.com/SmartOption. You can also apply at www.pnc.com and www.charterone.com.