Student Loan Lenders

Alternative student loan lenders and banks provide an alternative source of funds from which you can cover the difference between your cost of education and other financial aid. Review our list of national student loan lenders prior to applying for a loan.

Select the lender that you are most comfortable with and complete the school picker on the next page to see if that lender's loans are available at your school.

Student Loan Lender List




Apply for Sallie Mae private student loans
Private student loans lenders: Sallie Mae private student loans
  • Competitive rates and no origination fees
  • No payments required while in school1
  • Learn more »

Sallie Mae®  Smart Option Student Loan®  for Degree-Granting Institutions

When grants, scholarships, and federal aid are not enough, choose the Smart Option Student Loan. You'll get the money you need for college, and the flexibility you want.

  • Competitive variable interest rates - 2.25% APR to 9.37% APR1 (Competitive fixed interest rates also available.)
  • No origination fees and no prepayment penalties
  • Get a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit2
  • Borrow up to 100% of your school-certified cost of attendance (minimum $1,000)3
  • Applying with a creditworthy cosigner may help lower your interest rate and give you a better chance of approval
  • Apply to release your cosigner once you graduate and make 12 consecutive on-time principal and interest payments4
Apply for SunTrust private student loans
Private student loans lenders: Suntrust private student loans
  • No origination fees
  • Choice of fixed or variable interest rate
  • Learn more »

SunTrust Custom Choice Loan®

Rising tuition, coupled with limited government aid, has created a widening gap between the cost of college and financial aid. The Custom Choice Loan® is a private student loan designed to fill the gap by borrowing the difference between school expenses and other financial aid such as federal loans, scholarships and grants.

  • Grace period, generally six months1
  • Choice of repayment term2
  • Choice of fixed or variable rate
  • Automatic Payment Discount of up to 0.50%3
    • 0.25% interest rate reduction when you have your payments automatically deducted from a personal bank account
    • Additional 0.25% interest rate reduction for auto debit of monthly payments from a SunTrust Bank deposit account
  • 1% principal reduction upon graduation4
  • Defer payments until after graduation5
  • Cosigner release option available6
Apply for PNC private student loans
Private student loans lenders: PNC private student loans
  • Variable and fixed rate options available
  • No application or origination fees
  • Learn more »

PNC Solution Loan 1

We realize that covering all of your expenses can be a challenge, especially when government loans and financial aid just aren't enough. Apply for your PNC Solution Loan today so you can get the money you need to finance your education.

  • Choose your interest rate option: variable or fixed rate
  • Save 0.50% off your interest rate when you establish automated payments from any checking or savings account 2
  • Enjoy flexible payment options: defer until you graduate or leave school, or start paying right away and save on interest 3
  • Stress less about repaying your loan - take up to 15 years 4
  • Stay focused on your education - we'll send funds directly to your school
  • A co-signer release option is available after the initial 48 consecutive on-time monthly payments and is subject to credit approval
Apply for Discover private student loans
Private student loans lenders: Discover private student loans
  • Choice of fixed or variable interest rates
  • Zero fees
  • Learn more »

Discover® Student Loans

This private student loan is for undergraduate students in 4- or 5-year degree programs and can cover up to 100% of tuition, housing, books and more. Apply today!

  • Choice of fixed or variable interest rates
  • Zero fees
  • No payments required while enrolled in school at least half-time
  • 0.25% Auto Debit Reward (when you enroll in auto debit payments during repayment)
  • 6-month grace period
  • By adding a cosigner, you may improve your likelihood for loan approval and may lower your interest rate
  • Apply online or by phone in a few minutes and get an immediate response
  • Our knowledgeable, US-based Student Loan Specialists are ready to help you 24/7
  • Tools and information at to help students and parents through each step of the process — from exploring financial aid to repaying student loans
Apply for a cuStudentLoans Private Student Loan

cuScholar Private Student Loan

Cover up to the full cost of your education with a cuScholar loan through a not-for-profit credit union in the cuStudentLoans program. Students can use the funds for any qualified education expense, including past-due tuition bills.

  • Variable rates as low as 3-Month LIBOR + 2.99%
  • No prepayment penalty
  • No origination fee
  • Borrow up to 100% of your Cost of Attendance
  • 1% interest rate reduction once 10% of the loan principal is repaid during the full repayment period
  • Cosigner release available for creditworthy borrowers after 24 on-time, consecutive payments
  • 30-day no-fee return policy
Apply for a WSFS Bank Private Student Loan
  • Fixed interest rates as low as 7.00%
  • No origination fee
  • Learn more »

WSFS Bank Private Student Loan

Need help paying for college expenses? WSFS Bank can help!

  • Fixed interest rates ranging from 7.00% to 8.25%
  • .25% interest rate reduction when you sign up for automated ACH payments
  • Cosigner release available for creditworthy borrowers after 48 consecutive, on-time principal and interest payments during the Repayment Period
  • Borrow as little as $2,000 or up to $30,000 per academic year for a maximum of $100,000 in undergraduate loans or $125,000 in graduate

Deciding on the best Student Loan Lenders

Borrowers may choose to apply with any student loan lender and should be aware that there are other options beyond alternative student loans. For more general information, check out our alternative student loan overview page, or simply get started and apply for an alternative student loan.

Choose a bank from the above lender list to see if they offer a loan at your school.

Apply With a Co-signer

While not required, we strongly encourage undergraduate students to apply with a creditworthy co-signer if they may have difficulty qualifying for a loan due to limited income and credit history. This may increase an applicant's chances of approval and of possibly obtaining a better interest rate.

Private Student Loan Lenders vs. Government Lenders

The Student Loan Network always recommends that students explore all of their financial aid options, from scholarships and grants to federal student loans, in addition to learning more about alternative student loans. To learn more about how this unique tool works, check out our comparison tool information page.

**Edvisors cannot guarantee financial aid and loan eligibility for site users. Please check with your school or your lender directly for information related to your personal eligibility. Not all lenders participate in the Edvisors site. Lenders that participate may not offer loan products to every school.

***Illinois residents, please click on this link.