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A private loan can help you come up with the money you need to pay for college once you have exhausted your other financial aid. We'll show you examples of when a private loan might be right for you. It's not easy these days to get approved for a private loan, so it's also important that you understand how to acquire a credit-worthy co-signer.
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Graduate students often turn to a private loan because it seems like an easy choice for their busy lifestyle. Before you make a decision, research all the types of graduate student loans available to you. Make sure you maximize your free money and federal student loan amounts before considering a private loan.
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Our guide for parents helps you understand the financial aid options available to help your child pay for college, obtaining a private loan. If you are ready to help your child with a private student loan as a co-signer, you'll also want to check out our Understanding Credit section.
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