How Do Private Student Loans Work
Private student loans don’t have to be complicated. Not if you know where to start. Our expert, Elaine Rubin explains how private student loans work and what loans you want to make sure to borrow first.
In this video you will learn:
• What a private student loan is and how you can use it
• What types of loans you should always borrow first (hint: File the FAFSA)
• How to use private student loans to fill the financial gap
• How to compare private student loan lenders
• Why you might need a cosigner
• What cosigner release is
• How student loans are disbursed
0:09 What a Private Student Loan is
0:41 When applying for financial aid
1:10 What to look for
2:08 Looking for lenders
2:22 What to compare when looking for lenders
2:53 Additional terms to look into
3:07 If you need a cosigner
3:29 Interest rates
4:39 What your school will verify when you apply
4:50 Once everything is completed & approved
Choose the Best Loan Option For You:
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