Many financial institutions offer private credit-based educational loans to assist with financing educational costs. Below is a list of lenders offering private educational loans that have been utilized by two or more students within the past three years.
- Citizens Bank
- College Ave Student Loans
- Discover Student Loans
- Earnest Student Loans
- Massachusetts Educational Financing Authority (MEFA)
- PNC Bank
- Sallie Mae
This is not a comprehensive list of all the educational loans available to you as a student. You are not required to select one of these lenders. Inclusion on this list is not an endorsement or recommendation by Princeton University. If eligible, you are strongly encouraged to exhaust your federal borrowing options (Federal Direct Loans) before you consider private loans, as the terms and conditions of federal loan programs may be more favorable than the provisions of private education loans. Each lender's loan programs may have different requirements. Be sure to check with your lender regarding the loan programs you qualify for that best suit your needs. All loans, except Federal Direct Loans, are subject to credit approval.
You are required to complete a Private Education Loan Application Self-Certification Form before receiving your first loan disbursement, regardless of which private lender you choose. Your lender will provide you with the form during the application process.