Some banking institutions recommended by financial experts include, Citizen's Bank, Discover Bank, Nelnet, CU Student Loans, Wells Fargo and Sun Trust, notes Investopedia. Some of these institutions also have websites devoted to helping out student borrowers with information and online applications, such as Student Loan.com, operated by Discover Bank.Continue Reading
College can be more expensive than even federal aid loans and grants can cover. To make up the difference students may consider seeking a private student loan through a banking institution. There are many more banks in the United States that make loans available for students, too.
Students should be careful when seeking a private loan as it may not offer the same deferrals and repayment guarantees that federally backed loans offer. Some private loans may even require students to start making repayments while still in school, notes Go College.Learn more about Credit & Lending