Private Education Loans

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Private Education Loan for Undergraduates

private education loans for
undergraduates

Private Education Loans for Graduates

private education loans for
graduates

Private Education Loans for Continuing Ed Students

private education loans for
continuing students

 

Private Education Loans for Continuing Ed Students

When you Need Money to Advance Your Career ... FAST!

Where you need to —

enroll into a certificate program
   
take online courses for a degree
   
get a new laptop for online study
   
travel to attend a campus seminar

And you need to get started NOW!

Turn to private education loans to help fund your continuing education. You can get your money in as little as 5 business days.

The SayStudent Private Continuing Education Loan is designed to help students attending school on a part-time basis. You can borrow up to $40,000 and make no payments until after you graduate or leave school: see footnotes below

 

See attached product map for information about private education loans and other student aid

 

 

 

Private Loan Benefits
funding in as few as 5 business days from receipt of completed application — that's fast!

funds are disbursed directly to you, not the school — puts you in control!

easy, no hassle application — submit online or by phone: 1-866-230-4578do it now!

ask about the rate reduction incentive benefit available to students — up to 0.50%
get your parent or another to co-sign the application to improve your loan qualifications — cosigner release benefit — more information

Private Loan Limits
borrow annually up to $30,000

$130,000 aggregate maximum borrowing limit; $1,500 minimum loan amount

use the loan to pay tuition, room and board, books, computer, studying abroad, travel home, and even past due balances: click to view college costs

loan amounts are not tied to any federal or college limits — no federal forms required

Private Loan Advantages
no application fees or other out-of-pocket costs

preliminary approval in as little as 15 minutes if applying by web or phone

competitive interest rates and generous loan amounts: see rates

repayment is deferred until after you graduate or cease to be enrolled at least half-time
no prepayment penalty

Private Loan Eligibility
must be enrolled less than half-time into a certificate or technical training program at an approved school*

proof of enrollment will be required

for students attending more than half-time: see undergraduate program

*Call 1-866-230-4578 to confirm eligibility of participating schools.

Credit Guidelines
Note: some continuing education students may a qualified co-signer such as a parent or another in order to qualify for the loan — see how best to qualify

Borrowers must meet the credit requirements below:
have a satisfactory credit history of at least 21 months

have a satisfactory employment history of at least two years

if self-employed, verifiable business income for at least two years

sufficient current income
have resided at your most current and immediately preceding addresses for a total of at least one year
U.S. citizen or permanent residence and have resided in the U.S. for the previous two years
international students can apply with a qualified, creditworthy US citizen or permanent resident cosigner

Repayment Terms
for certificate/degree granting programs:
repayment is deferred until the earlier of
  • two years after the first disbursement,
  • six months after graduation, or
  • six months after enrollment has ended

for non-certificate/non-degree granting programs:

repayment may be deferred until the earlier of

  • six months after end of the academic period for which the loan is taken, or
  • six months after enrollment has ended
repayment period:
take up to 20 years to repay — minimum monthly payment as low as $25: see rate and repayment examples

Use to Pay Past Due Balances
the SayStudent Private Continuing Education Loan can be used to finance any portion of past due balances from previous academic periods

you don't have to be currently enrolled to cover past due balances

provide a copy of a current invoice that demonstrates a past due balance

apply for past due balances separately from a current or upcoming-year loan
the only repayment option available is "immediate repayment of both principal and interest" if you are not currently enrolled in college
U.S. citizen or permanent residence and have resided in the U.S. for the previous two years
international students can apply with a qualified, creditworthy US citizen or permanent resident cosigner


Apply Online for Private Education Loan
or apply by phone: 866-230-4578