Private Student Loans | Student Loan Consolidation Program | Federal Student Loans

Chase Private Student Loans

Private Student Loan Program

Get more money for college with Chase Private Student Loans.

Chase Private Student Loans are available to students who attend participating undergraduate colleges and career, technical and trade schools across the nation. Students must attend at least half-time. (For students who attend less than half-time, please see the Continuing Education loan).

A Chase Private Student Loan is an unsecured, credit-based loan that can be used for any education-related expenses, such as tuition, books, room & board, a new laptop computer or previous school fees. Unless you're employed while in school and meet other income and credit guidelines, most students will need a U.S. co-signer to qualify for a Chase Private Student Loan, but co-signers are not required to apply. A co-signer can be a parent, relative, spouse or friend, who can cosign your private student loans.

Private Student Loans

The cost of education continues to increase. After you first take advantage of Federal student loans, you may discover you still have significant expenses you need to cover to pay for your education.

Private student loans may be a good option to help you fill the gap between what federal, state and school assistance provides and what you actually need in order to afford higher education. Private loans (sometimes called alternative student loans) are credit-based consumer loans to be used specifically for paying educational expenses.

Private student loans, like auto or home loans, are based on your creditworthiness. Factors such as interest rate, APR, length or repayment, loan minimum and maximum as well as fees should be carefully considered when researching and choosing a private student loan.

One feature of many private student loan is the ability to completely postpone (defer) repayment until you graduate from college. Also, private student loans almost always offer lower interest rates than credit cards.

Private Student Loan Benefits include:

$1,000 - $40,000 available per year
Funds are sent directly to you within two business days of final approval
Use your funds for any education-related expense including tuition, living expenses, books, fees, supplies—even a laptop computer or previous school fees
No financial aid forms or school certifications are required
Flexible repayment terms—no payments until six months after graduation
No application deadlines; apply anytime

$40,000 annual limit for Undergraduate/Career Education and Graduate/Professional student loans based on cost of attendance at the school and borrower's credit ability. Chase offers convenient education financing with flexible loan amounts from $1,000 to $40,000 with an aggregate maximum of $150,000.
Subject to verification of application information.
You may need a co-signer since this is a credit-based loan.
Interest continues to accrue during deferment and will be added to the principal balance of your loan upon entering repayment.

As you determine the best way to finance your college education, you should consider the full range of student financial aid options available. Private , like the Chase Private Student Loan, can be used when federal , grants and other forms of student financial aid are not sufficient to cover the full cost of higher education.

| Private Student Loans | Private Student Loans

¹ As you determine the best way to finance your education, you should consider the full range of student financial aid options available to you. may be used for any education related expenses such as tuition, room and board, books, computers, and past due balances. Private loans can also be used to supplement federal student loans, when federal loans, grants and other forms of financial aid are not sufficient to cover the full cost of education.