Private loans???

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Question for everyone, to pay for my school in the fall (becker) I need a private loan as well. I have never had a private loan and was wondering who to go through? Obviously I can see who my schools preferred lenders are, but wanted some personal insight from those who are going through, have gone through the process.

Thanks!

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There are a few options to go with. Of course, fill out a FAFSA so that way you can see if you qualify for a Pell Grant and Federal loans. After that there are a few options. The preferred lenders list is usually a good one to go off of. They have a history with the school often and are used to working with the students of Becker. You can also go for the big banks such as Chase, Wells Fargo, Bank of America, etc. Also there is MEFA (mefa.org) That's through the state of Massachusetts and can provide another option. These loans are through the state, but also based on credit worthiness like a private loan. Sallie Mae is a huge one as well.

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Specializes in Case mgmt., rehab, (CRRN), LTC & psych.

Discover (the credit card company) has a convenient private student loan program. People who have obtained these loans say they're easy to work with.

Also look into Citibank and/or your local credit union.

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Thank for all the information! I had already done my FASFA and received loans through that but it was only for like 10k. I applied through citizens bank for the trufit student loan ( with a co signer) and was declined! I don't know what to do, I don't want to just keep applying everywhere.

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Specializes in OMFS, Dentistry.

I was in the same boat as you. I ended up having to rescind my acceptance and go to community college. Hopefully you will be able to get a loan. good luck!! Try PNC, wells fargo, sallie mae, MEFA, and discover.

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Thank you!!! Hopefully I get approved through someone else. It will work out, it has too :)

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Specializes in Reproductive & Public Health.

I get private education loans from Freedom Credit- the interest is comparable to my federal loans. I would only recommend private loans if there is NO other way to get funding, but you gotta do what you gotta do.

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So true.

I actually ended up getting a loan through Wells Fargo. I needed to borrow a bit more than what my school certified cost was and they were very helpful through the whole process

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Specializes in OMFS, Dentistry.

Glad it worked out for you Crisshelle!!

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Specializes in home health, developmental disabilities.

I'm going to becker too! And boy is it pricy even after my scholarship. However I chose becker over holyoke cc due to beckers 100% nclex pass rate among other reasons. Plus I already earned my associates degree at holyoke so I was ready for a change. Congrats! Bsn or adn?

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It is very pricey, oh my gosh! I was accepted into both bsn and asn. I decided in the asn because I want to finish already and start my new career! I

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Are you doing asn or bsn ??!

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