Private Student Loans


Pay For ED helps you to accurately assess the overall costs of college, and identify the various federal student loan options. Even after taking federal loans, you may still need some help covering the overall costs of college. That’s where private student loans can help.

Private loans are offered by individual lending institutions, and have their own interest rates, terms, and eligibility requirements. After using the Pay For ED software, if you determine you need to borrow money for school, a private student loan can help close the gap and get you the funds you need to earn your degree.

Here are some of our recommended loan lenders:




*Sallie Mae Smart Option Student Loans for undergraduate students have variable interest rates that start from 4.00% APR to 10.86% APR and fixed rates that range from 5.74% APR to 11.85% APR. Interest rates for Fixed and Deferred Repayment Options are higher than interest rates for the Interest Repayment Option. You’re charged interest and your selected repayment option applies starting at disbursement, while in school and during your separation or grace period. When you enter principal and interest repayment, Unpaid Interest will be added to your loan’s Current Principal. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs are valid as of 5/25/18 and assume a $10,000 loan to a freshman with no other Sallie Mae loans.

Pay For ED is not the creditor for these loans and is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.

Private Student Loans


Pay For ED helps you to accurately assess the overall costs of college, and identify the various federal student loan options. Even after taking federal loans, you may still need some help covering the overall costs of college. That’s where private student loans can help.

Private loans are offered by individual lending institutions, and have their own interest rates, terms, and eligibility requirements. After using the Pay For ED software, if you determine you need to borrow money for school, a private student loan can help close the gap and get you the funds you need to earn your degree.

Here are some of our recommended loan lenders:




*Sallie Mae Smart Option Student Loans for undergraduate students have variable interest rates that start from 4.00% APR to 10.86% APR and fixed rates that range from 5.74% APR to 11.85% APR. Interest rates for Fixed and Deferred Repayment Options are higher than interest rates for the Interest Repayment Option. You’re charged interest and your selected repayment option applies starting at disbursement, while in school and during your separation or grace period. When you enter principal and interest repayment, Unpaid Interest will be added to your loan’s Current Principal. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs are valid as of 5/25/18 and assume a $10,000 loan to a freshman with no other Sallie Mae loans.

Pay For ED is not the creditor for these loans and is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.