Many or all companies we feature compensate us. Compensation and editorial
research influence how products appear on a page.
Accurate as of Apr 23rd 2024

Best Private Student Loans – April 2024

With rates starting at 4.07%, we've compared and reviewed the top private student loan lenders for undergraduate and graduate school.

Ratings by our
  • Jeff Gitlen, CEPF®
editorial team

Accurate as of: April 23, 2024

We recommend adding a cosigner to your application to improve your chances of approval, since most lenders require good credit. A cosigner can also help you receive a lower interest rate, reducing the overall cost of your private student loan.

Best Overall

  • 4.07% to 16.69% APR
  • 3-minute application with instant credit decision
  • Applying with a cosigner can increase your chances of getting approved
  • Cover up to 100% of your cost of attendance (1)
  • No application, origination, or prepayment fees
  • The most in-school repayment options and the widest selection of repayment term lengths
  • 4.07% to 16.69% APR
  • 3-minute application with instant credit decision
  • Applying with a cosigner can increase your chances of getting approved
  • Cover up to 100% of your cost of attendance (1)
  • No application, origination, or prepayment fees
  • The most in-school repayment options and the widest selection of repayment term lengths
  • Best For Customer Service

    • 4.50% to 16.70% APR
    • $1,000 to 100% of certified costs
    • Students with less than half-time enrollment are eligible
    • They are one of a few lenders who service their student loans internally
  • 4.50% to 16.70% APR
  • $1,000 to 100% of certified costs
  • Students with less than half-time enrollment are eligible
  • They are one of a few lenders who service their student loans internally
  • Best Comparison Tool

    • 4.07% to 16.70% APR
    • $1,000 to 100% of certified costs
    • Compare real offers from multiple lenders
    • Checking rates doesn’t impact your credit
  • 4.07% to 16.70% APR
  • $1,000 to 100% of certified costs
  • Compare real offers from multiple lenders
  • Checking rates doesn’t impact your credit
  • Best For Added Benefits

    • 4.44% to 14.70% APR
    • $5,000 to 100% of certified costs
    • Borrowers receive unemployment protection, career coaching, and other member benefits
  • 4.44% to 14.70% APR
  • $5,000 to 100% of certified costs
  • Borrowers receive unemployment protection, career coaching, and other member benefits
  • Best of Badge

    Our team of editors have spent hundreds of hours researching private student loan lenders.

    Our Pick For Best Overall

    Best Overall

    • 4.07% to 16.69% APR
    • 3-minute application with instant credit decision
    • Cover up to 100% of your cost of attendance (1)
    • No application, origination, or prepayment fees
    • The most in-school repayment options and the widest selection of repayment term lengths
  • 4.07% to 16.69% APR
  • 3-minute application with instant credit decision
  • Cover up to 100% of your cost of attendance (1)
  • No application, origination, or prepayment fees
  • The most in-school repayment options and the widest selection of repayment term lengths
  • (1) As certified by your school and less any other financial aid you might receive. Minimum $1,000.