A loan taken out from a private, for-profit loan company. Whereas federal loans are designed to support academic financing, private loans are typically intended for any. Private loans may have fewer b [..]

Private loan means, “collectively, the loan or loans that is or are obtained by the Borrower from an Eligible Private Lender to prepay the Total Permitted Prepayment Amount, or the portion thereof whi [..]

An non-federal education loan from a  lender such as a bank, credit union, or state agency.

See the definition for Alternative Loan.

A nonfederal loan made by a lender such as a bank, credit union, state agency, or school.

See Alternative Loans, above.

A loan obtained through a commercial lender such as a bank. Private loans are not subsidized by the government, and the government does not define the terms of the loan.

A loan from a commercial, state-affiliated or institutional lender used to pay for up to the annual cost of education, less any financial aid received.Private loans usually require the applicant to be [..]

Funds that you pay back over time, from a private lender such as a bank or other financial institution.

A loan from a commercial, state-affiliated or institutional lender used to pay for up to the annual cost of education, less any financial aid received. Private loans usually require the applicant to b [..]

A nonfederal loan made by a lender such as a bank, credit union, state agency, or school.

A loan made to a student or parent borrower by a bank or other lender where the primary basis of consideration for the loan is the borrower’s creditworthiness. See our section: Private Student Loans

A non-federal loan made by a lender such as a bank, credit union, state agency, or school.

A nonfederal loan made by a lender such as a bank, credit union, or state agency. Private loans usually require the applicant to be creditworthy or have a co-signer and have varying interest rates, fe [..]