NextStudent:Private Student Loans

Available now! Cash for college.
Get money for college. Undergraduates and graduates both may borrow annually up to the full cost of expenses (less financial aid received) or $40,000 (whichever is the lesser), with a NextStudent Private Loan for undergraduate and graduate students.

Get it when you want it.
Apply for a NextStudent Private Loan at the beginning of the school year, in the middle of the term or near the end. It’s up to you. There are no application deadlines and you can apply online and get pre-approved in minutes.

Why choose a NextStudent Private Loan?
Simple. With a NextStudent Private Loan, you get more.

1. Fast, easy application with preliminary approval in as little as 15 minutes
2. No payments until after graduation or dropping below half time enrollment (for undergraduate and graduate borrowers)
3. Loan amounts up to the full cost of your education expenses *
4. No application fees
5. No application deadlines
6. Funds sent directly to you, not to your school
7. You may qualify with or without a cosigner
8. Interest may be tax-deductible (check with your tax advisor)

* Undergraduate and graudate borrowers may borrow annually up to the lesser of the cost of attendance or $30,000 ($40,000 for certain schools where TERI has determined that the annual cost of attendance axceeds $30,000). Borrowers in Continuing Education and K-12 loan programs may borrow annually up to $30,000.

NextStudent Private Loans are available for

» Undergraduates

» Graduates

» K-12 Students

» Continuing Education Students

ScholarPoint Information

ScholarPoint is a trusted resource for all of your student loan and education loan needs, dedicated to providing students and their families with the practical advice and student loan solutions they need to help pay for and manage the costs of higher education.

ScholarPoint originates federal student loans under U.S. Department of Education
Lender ID Number 834188.

ScholarPoint has established itself as a trusted source in delivering products and services over the internet for student loans and student loan consolidation products. We offer our customers both a way to secure the funds they need to get an education and an affordable way to repay student loans once they have left school. Our combined management experience of over 35 years has made us a leader in the student loan industry.

Whether you need a Stafford loan, a PLUS loan, a private education loan, or a low interest rate student loan consolidation, ScholarPoint is here to assist every step of the way. We have a solid understanding of the student loan industry and our competitors. We make a conscious and consistent proactive effort to raise the bar on quality, service and lender incentives to help you save money.

We have made the process of securing student loans as convenient as possible, with our web-based system that allows you to complete your entire application and check your loan's funding status online. This allows you to procure a student loan without ever having to leave the confines of home or office, a unique feature that has made us very popular.

Upon graduation, you will enjoy the benefits of ScholarPoint’s many student loan consolidation plans that take the stress out of post-college life by making repayment of your student loans as simple, streamlined, and flexible as possible. Even if you didn’t get your college financing through ScholarPoint, you’re still welcome and eligible for our affordable student loan consolidation rates.

ScholarPoint has established itself as a leading online provider of student loans and consolidation plans by truly listening to our customers and responding to what we learn. We understand that students need the most affordable student loan rates on the market, access to true professionals that enjoy helping others, and repayment flexibility. Join thousands of other students and graduates today and get the peace of mind that comes with financing your education through a world-class lender like ScholarPoint.

Private Student Loans

Undergraduate Private Education Loan
Extra money for college right when you need it

Undergraduate private education loans at highly competitive interest rates make it easier to get the extra money you need for college expenses. They're an ideal way to supplement Federal student loans. Since there's no application deadline, you can apply anytime.

Private Education Loan Overview
Private college loans are unsecured private credit consumer loans made by lenders to students and/or parents for educational purposes.
Students and/or parents who either do not qualify for the federal loan programs or need additional funds beyond that available through federal loans use these products.

Used in combination with federal loans or separately, private loans are playing a growing role in allowing students to attend the college of their choice—private loan and federal loan borrowing are closely interconnected.


Graduate Private Education Loan
An ideal way to supplement Federal student loans
Graduate private education loans at competitive interest rates make it easier to get the extra money you need for grad school expenses.