College Ave Student Loans is a fintech company that provides private student loans and refinancing for undergraduate and graduate tuition fees. Its sleek online platform makes it easy to apply for and get approved for a student loan quickly and with minimum hassle. The website provides plenty of information about the various loan products, with full transparency on rates and fees.
Ascent Funding offers fixed and variable rate loans for students in undergraduate or graduate education. You can borrow up to $400,000, apply with or without a cosigner, and take advantage of flexible repayment conditions. If you’re applying alone with a short credit history, there are no minimum credit score or income requirements for eligible juniors and seniors.
Nelnet Bank is backed by Nelnet Inc., a company with decades of experience in the student loan industry. It provides both undergraduate loans up to $125,000 and graduate loans up to $500,000, and has competitive, transparent rates. There are several repayment plans and a quick online application, and the website is full of helpful resources and tools, including an FAQ section.
Credible is an online loans marketplace that enables borrowers to get pre-qualified offers from its network of vetted lenders. It covers private student loans, student loan refinancing, and a range of other consumer lending products. Borrowers can use the platform to get pre-qualified student loan offers in a matter of minutes without any impact on their credit score.
With its online application, flexible repayment terms, and lack of fees, SoFi makes applying and getting loans fast and easy. With private student loans, SoFi adds yet another financial support product to its line. As with all SoFi products, these loans come with transparent terms, reliable service, and competitive rates, making it a solid option for student loans.
MEFA (Massachusetts Educational Financing Authority) is a non-profit organization that offers undergraduate and postgraduate student loans at very competitive fixed interest rates, and student loan refinancing at fixed and variable rates. MEFA has flexible repayment plans that include deferred payments and an interest-only grace period.
College Finance offers private student loans powered by College Ave. Until June 2022, College Finance was simply a student loans comparison website that provided advice and guidance to students looking for student loans. It has recently expanded its role and become a provider of student loans itself. A College Finance loan is effectively a College Ave loan which comes with additional extras when you apply for it from College Finance’s website.
Discover is known for its credit cards, which are used by 50 million cardholders in the United States. Interestingly, Discover Financial Services, Inc. also provides a range of other financial services, including private student loans. Each year, you can borrow up to 100% of your school-certified cost of attendance (including tuition, housing, books, and computer) minus financial aid and federal loans.