Private Student Loan Benefits

The SayStudent Private Student Loan offers many benefits —

Quick Processing

  • when you need the money fast —
    the SayStudent private student loan can be funded in as little as 5 business days from receipt of your completed application and documents.

  • you control the money —
    private student loan funds are disbursed directly to you (and your cosigner), not the school. Use the money to pay tuition, room and board, books, a computer for classroom assignments, and other education related expenses.

  • easy, no hassle application —
    you can submit your private student loan request online to get an instant preliminary approval.

    There are no application fees or other out-of-pocket costs to get this loan. You can expect an anwser instantly.

Two Great "Savings" Benefits

  • first, pay zero origination fees —
    no additional upfront fees will be added to your loan. So your total loan is the amount that you borrow. Nothing more. 4

    Many other providers will charge a fee on the loan amount you borrow. The fee can range from 3-7% of the loan amount. That means that if you borrow $10,000, they will add an additional $300-$700 to your loan amount as an orginiation fee.

    With SayStudent.com, you will pay zero origination fees.

  • get a $300 graduation gift —
    upon graduation, you will receive a $300 principal reduction on your loan as a gift for graduation (proof of graduation will be required).

    Get a SayStudent Private Student Loan each year for four years and receive a $1,200 principal reduction with proof of graduation!     3

 

College Money Steps
 
  Step 1:
apply conveniently online or by phone — use tally sheet to keep track

You can save your application to come back anytime to complete.
 
  Step 2:
if you need a co-signer for getting approved, start the application to enter your information. Then save it.

Invite your co-signer to retrieve the application to submit their information.
 
  Step 3:
you will receive a preliminary approval instantly upon submission of your completed application.
 
  Step 4:
once you receive your credit agreement by email — you can esign it electronically or print and fax back the agreement at the number provided
   
  Step 5:
final document review conducted and funds disbursement date is scheduled
 
  Step 6:
private student loan proceeds are disbursed directly to you and your cosigner.
 
  Step 7:
use our budgeting tips to manage your money wisely
 

SayStudent Loans
Financing a Better Future

 

Generous Loan Amounts

  • borrow enough to cover your costs —
    you can borrow annually up to $45,000 1

    There are plenty of funds to get you going in school without worrying about money.

  • private student loan amounts not tied to federal limits —
    you can borrow up to the full cost of education or $45,000 1, whichever is less. It doesn't matter how much aid you have previously received or expect to receive from the federal government or college.

No Payments Until Later

  • no payments until after your graduate — 2
    you don't need to worry about making any payments until after you graduate or leave school. So you can focus your entire work on getting your degree.

  • favorable repayment terms: 2
    after you graduate and start your career, you can take up to 25 years to repay the amount you borrowed —

    The minimum monthly payment can be as low as $50. There are no pre-payment penalties. You can pre-pay the loan at any time.

Great Private Student Loan Deals

  • rate reduction incentives:
    upon repayment, you can lower your rate by as much as 0.25% by using automated payment 5

  • co-signer release:
    since many first-time students will need a co-signer such as a parent or another, you can request a co-signer release when you submit your private student application.

    Then after meeting certain qualifications after 48 months, the co-signer can be released from the loan agreement.     6

More Information Available

  
 


SayStudent Loans
Financing a Better Future