Undergraduate Private Student Loans
With the ever-rising cost of college tuition, large numbers of undergraduates are
turning to private student loans to help bridge the financial aid gap. For many
students, federal student loans simply won’t cover the entire cost of tuition, room
and board, textbooks and/or computers. Undergraduate student loans can help pay
for all college-related expenses, and we encourage borrowers to first exhaust their
Stafford loan eligibility before they turn to private student loans.
Almost all undergraduate student loans allow students to defer payments until after
graduation. When applying for a Think undergraduate private student loan, having
a creditworthy co-signer may help students get a better rate. Better yet, a Think Student
Loan – whether used for undergraduate or graduate costs - does not have an application
deadline, so students can borrow whenever they need additional financing assistance.
With a Think Student Loan, you can apply online in minutes and get an online decision
in less than one minute! Additionally, when repaying a Think Student Loan, students
have a 6 month grace period before payments begin.1