Apply for a private education loan
How do I find the best private student loan?
You should check with your financial aid office for their recommendation on the best private student loan. Although we are currently not accepting private student loan applications at this time, we hope that you will consider College Loan Corporation for your future private student loan needs. We take pride in providing students and their families with all the information they need to make informed financial decisions. Check back with us often at www.collegeloan.com.
What makes the best private student loan?
The best private student loan may be something different for each person. In general, you want to obtain a low interest rate and fees on your loan, so that you can pay less money over the life of the loan. The best private student loans probably also come with good repayment options and deferment/forbearance protection. If it’s important to you, you can also explore loans that come with a borrower benefit (such as an interest rate reduction for auto debit payments or a reward at graduation).
What do I need to complete a private student loan application?
To complete a private student loan application, you and your co-signer will probably need to have these things handy:
Info you will need to apply for a private student loan:
- Your personal information (email, phone, school, etc.)
- Your Social Security Number
- Your temporary, permanent and prior addresses
- Your driver's license
- Your income information if you are employed
Info your co-signer will need to apply for a private student loan:
- Social Security Number
- Temporary, permanent and prior addresses
- Driver's license
- Housing Expenses info
- Proof of income (bank statements or pay stub)
- Employer information
- Personal contact information (phone, email)
You can use our College Loan Calculator if you need help in determining how much to borrow. Learn more about how to apply for a private student loan on our lending site, www.collegeloan.com.