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Find a student loan that's right for you.

NerdWallet and Ready4 have teamed up to help you compare your private student loan options. Read on to learn more about student loans and NerdWallet. When you're ready to apply, click the button below to start your application.

When paying for college, exhaust all your other options — scholarships, grants, work-study and federal student loans — before turning to private student loans.

Federal student loans offer borrower protections that private loans may not, such as income-based repayment plans and forgiveness programs. And federal student loans have flat interest rates set by Congress, while private student loan interest rates depend on your credit. If you or your co-signer don’t have good credit, you’ll likely pay a higher interest rate for a private loan than you would for a federal loan.

Still, you might need to take out private student loans if you can’t cover your college costs with savings, income, grants, scholarships and federal student loans. Learn more about whether private loans are right for you here and compare your options in the list below.

Private student loan options

Lender APR ranges* Types of loans Borrower
protections
Nerd review

Fixed:
4.75%-11.50%3

Variable:
3.00%-10.05%4

Undergraduate
Graduate
Payment deferral or interest payments while in school.5

Financial hardship forbearance.6

Option to temporarily reduce monthly payments.7

SunTrust review
Ascent logo

Fixed
4.94% to 14.44%

Variable
3.48% to 12.73%

*includes Ascent Independent non-cosigned rates

Undergraduate
Graduate
Independent (non-cosigned loan)
Payment deferral or interest-only payments while in school.

Financial hardship forbearance.

Ascent review
SoFi logo

Fixed
4.25% APR to 8.00%

Variable
3.69% to 7.12%

Parent No payment deferral available (repayment begins immediately) SoFi review
CommonBond

Fixed:
5.48% to 9.67%

Variable:
3.04% to 8.95%

Undergraduate
Graduate
Payment deferral while in school.

Financial hardship forbearance.

CommonBond review

Discover logo

Fixed:
6.24% to 12.99%

Variable:
3.87% to 11.12%

Undergraduate
Graduate
Parent
Payment deferral while in school.

Financial hardship forbearance.

Option to temporarily reduce monthly payments.

Discover review
Sallie logo

Fixed:
5.75% to 12.87

Variable:
3.25% to 12.62%

Undergraduate
Graduate
Payment deferral or interest-only payments while in school.

Option to make interest-only payments for the first 12 months after your grace period.

Financial hardship forbearance.

Sallie Mae review

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Read our articles below and learn all you need to know about taking on student loans.

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