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

Private Student Loan Through Chase

Apply online for your private student loan >>

The Chase Private Student Loan is a low-cost private alternative college loan available to students who need funding beyond the limits of the federal student loan program. Applying for the Chase Private Student Loan is your best option and you'll get great benefits both now and in repayment. Features:

To be eligible, students must be enrolled at least half-time.
The Chase Private Student Loan limit is based on the cost of attendance minus other aid received. Undergraduate students without a cosigner are limited to aggregate maximum of $130,000.
Low interest student loans - cosigner may help you get lower interest rates on your private student loan.
Cosigners are required for foreign students and borrowers with low credit score, no credit, bad credit, and students who are under the age of majority in their state (usually 18 years old).
The rates and fees for loans are determined by whether there is one or two credit approved borrower(s) and the school you're attending. Highest credit approved score determines pricing. Foreign students and borrowers with no credit score or a low credit score must secure a credit-worthy U.S. citizen or permanent resident cosigner.

Apply online for your private student loan >>

Private Student Loans

Private student loans can cover school expenses

Private Student Loans Tip - You should be conservative and borrow wisely.

Students who attend part time, half time or full time can get private student loan from $1,500 to $40,000¹ per year for any education-related expense—including tuition, living expenses, a computer, transportation and even previous school fees.

Benefits:

There's no school certification required—you decide how much you need for education expenses.
Funds are sent directly to you, not to the school, usually within 2 business days of final loan processing.
There are no financial aid forms to complete.
You can defer all payments until after leaving college.
There are interest rate reductions and a cosigner release option available

After you've checked for free funding available to you, if you decide you'll need additional assistance paying for your education, it's time to look to federal student loans. These are long-term loans with low interest rates designed exclusively for those needing money to meet the costs associated with education.

Federal student loans are the largest source of student loans around. They have very attractive terms when compared to most other borrowing options - such as lower interest rates, federal subsidized interest possibilities, options to postpone payments, longer repayment terms, easier credit requirements, etc. You will need to complete the Free Application for Federal Student Aid (FAFSA) before you can apply for federal student loans.

You should always plan to look for federal student loan options before investigating private student loan sources, because these loans are sometimes more difficult to obtain and can often end up being very costly to you in the end. Private education loans are designed to supplement federal student loan programs and are available from schools, banks and education loan organizations. Private education loans are also known as alternative studnet loans and the terms often vary considerably based on the lender and borrower credit histories.

Remember: Any college loan has to be repaid - even if you don't finish school, are unhappy with the education you received or are unable to find a job, or you're making less money than you planned. So borrow wisely now, because the amount of money you borrow now will have long-term effects that can influence your lifestyle!

¹ $40,000 annual limit ($130,000 cumulative limit) for Undergraduate/Career Education and Graduate/Professional Education loans based on the cost of attendance at college and the borrower's credit ability ($30,000 annual limit for Continuing Education and K-12 loans).Subject to eligibility criteria and other terms and conditions.

Student Loan Consolidation | Federal Student Loans | Private Student Loans