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Private Student Loans

Private student loans – also called private education loans – are one of the fastest growing ways to pay for college. What makes a private student loan 'private' is simply the fact that it is not guaranteed by the federal government (or any state government). Since federal loans have loan limits, many families need private education loans to help pay for all the expenses associated with college.

  • Borrow up to your total cost of education.
  • Online application takes just minutes.
Check sent as fast as 48 hours from final approval1
Apply Now!

Think Student Loans are private student loans and are available to any student attending an eligible school. Private student loans usually require less paperwork than federal loans, and do not require families to fill out a FAFSA. Think Student Loans offer distinct advantages:

  • Get a check sent directly to you or your cosigner2
  • No payments while in school3
  • Apply online, the process takes minutes
  • Borrow up to the total cost of education
  • Online decision in as little as 1 minute

A private student loan – or a private education loan – can generally be used for any type of education-related expenses. It's this kind of flexibility that makes private education loans – like a Think student loan – attractive. Apply now! Fast Student Loans, get a check sent in as little as 48 hours from final approval!3 If you're looking for Private Student Loan Consolidation please head over to our consolidation page.

Page Glossary

Private student loans – A private student loan is a loan not guaranteed by any governmental agency and can generally be used to pay for any education-related expenses. A private student loan is also called a private education loan.

Private education loans – A private education loan is a loan not guaranteed by any governmental agency and can generally be used to pay for any education-related expenses. A private education loan is also called a private student loan.

1 Disbursement can occur in 48 hours after receipt and verification of signed loan documents and all other requested documentation and must be within 21 days of the enrollment date.

2 This loan does not require school certification and the proceeds are disbursed in the form of a check co-payable to the borrower and cosigner (if applicable), mailed directly to the applicant with the stronger credit profile.

3 Interest will continue to accrue while your payments are deferred, and it will be capitalized (added to your principal loan balance) when repayment begins.

* Think Financial refers applications to Simple Tuition, a leading student loan comparison site, and is paid a fee for this referral.