Compare Student Loan Providers
If you’re ready to start exploring options for the right student loan provider for you, check out some of our top choices in the market, and read more in-depth in our best private student loans reviews.
For a lender which is dedicated to the success of its borrowers, look no further than CommonBond for a borrower-centric model that focuses on flexibility, education, and mentorship.
Though you’ll need to have a cosigner, CommonBond offers amongst the widest range of loan amounts available, starting from $2,000 all the way to $500,000.
No matter your chosen path, CommonBond has a loan type that fits your educational ambitions and even student loan refinancing options for those who have finished their degrees with 5 applicable repayment payment periods stretching from 5 to 20 years.
Moreover, by accessing a loan through CommonBond, you’re giving back to the community. For every loan the CommonBond funds, the lender contributes to Pencils of Promise to fund children’s education.
Some of our other favorite Commonbond features include:
|Benefit from advice and guidance available from an assigned Money Mentor|
|Both fixed and variable rate interest available for each of the eligible loan types|
|Repay your loans without prepayment penalties and access a 0.25% discount with automated payments|
|Choose from undergraduate, graduate, dental school, medical school, MBA, and refinancing loan options|
|Pick from deferment, flat monthly payments, interest-only payment, and full monthly payments for loan repayment|
Since 2012, Credible has been securing better student loans for borrowers across the US. While it doesn’t provide the loans itself, Credible hosts and compares all the best deals in real-time, whether you need to take out a new student loan or refinance an existing one.
The lending sources it chooses are all vetted and offer low rates of interest and repayment.
Depending on the loan and rate you opt for, Credible allows for financing between $1,000 and $50,000, with APR typically under 10%. No matter how many times you compare, Credible’s services are always free.
Some of our other favorite Credible features include:
|Compare loans from 10 different vetted lenders|
|Flexible payments to suit all students - allows for deferments and interest-only payments|
|Results delivered in less than two minutes|
|Only requires filling out one form|
|Provides coverage for 100% of a student’s tuition fees|
Despite being one of the “new kids on the block”, College Ave has already made quite a name for itself in the student loans market.
The company works exclusively with student lending, and its programs are all geared to helping college kids get through school with a minimal amount of debt.
As such, you can choose to pay full monthly payments, interest-only payments, or even a flat $25 monthly fee for your interest. You can also ask for a deferral for your payments, although those are taken case-by-case by College Ave.
We were also impressed to see that unlike some lenders that have a hard cap on their maximum amounts, College Ave will lend you up to the total amount of your school’s cost of attendance.
Some of our favorite highlights from College Ave include:
|No origination or prepayment fees, so you can pay what you owe, and nothing more|
|Take advantage of the company’s extensive educational resources to improve your financial management|
|Reward your parents or cosigners with an early release option for making your payments on time|
|Take a 6-month grace period after graduation while you find a job before starting payments again|
Originally established as a Federal guaranteed student loans program, Sallie Mae today is a consumer banking division, though it still focuses on student loans. One of our favorite aspects of the company’s service is their friendliness to part-time students, a group most student lenders ignore.
Additionally, the company has one of the longer grace periods on the market, giving you a full 12 months of interest-only payments on your loan after you graduate.
Sallie Mae also helps you cover up to the full amount of your school’s cost of attendance and offers a fast cosigner release after a year of on-time payments. You can also pay when you’re ready, including early thanks to no prepayment fees.
Some other standouts include:
|Get a 0.25% discount when you sign up for auto-debit|
|Get a decision on your loan as quickly as 15 minutes from your application|
|Parent loans are also available if you’re helping your kids get an education|
|Find loans for your graduate programs as well, including a 48-month deferment if you’re working as an intern or a fellow|
|Even international students can apply for Sallie Mae loans in some cases|
With its online-only business model, Discover is one of the leaders in student loans and finances. The company offers you a variety of loans depending on your education level, ranging from undergraduate to master’s courses, and even covering health professions and law students.
We were impressed to see that even so, Discover does not charge you late fees, and it is always ready to help struggling students who have a good track record.
We would have liked to see a greater variety in the company’s repayment terms—which are available in 10 or 20 years—but Discover does have friendly fixed and variable interest rates, as well as a high limit on its maximum loan amount.
Other highlights include:
|Get a one-time reward for being a good student with a 1% reduction in principal if you finish your covered term with a 3.00 GPA|
|If you’re having trouble with your interest rate, you can refinance your loan directly with Discover|
|Count on excellent service with the company’s US-based student loan specialist team|
|Fill out your application online in as little as 15 minutes|
|If you’re having trouble finding work, you can extend your post-graduation grace period by 3 months|
As one of the older student loan institutions available today—at over 150 years old—Citizens One gives you competitive rates and a wide range of repayment options to choose from.
The company’s biggest strength is that it lets you apply for multi-year approval, unlike many competitors that require yearly applications.
This means you can apply for your loan once and finish your studies without having to worry about where the money's coming from next semester.
We were also happy to see that Citizens One offers different loan alternatives depending on your education track, all the way from undergrad to postgraduate studies.
One thing we loved to see, and which not many lenders do, is offering a loyalty discount to customers who are already signed up to their service, as well as an automatic payment discount. All in all, you can get up to 0.50% off your interest rate.
Some other standout features include:
|No application fees let you quickly and affordably get started with Citizens One|
|Get up to $295,000 in loans to cover any education you need|
|Pay interest-only while in school, or defer your payments until you graduate|
|Choose from 5, 10, or 15-year repayment terms|
|Refinance your loans or centralize all your payments with student loan consolidation plans|