Private Student Loans

Southern Illinois University at Carbondale

cuStudentLoans is a not-for-profit organization offering private student loans to pupils enrolled at Southern Illinois University at Carbondale. The financial aid representative at Southern Illinois University at Carbondale can aid in supplying information pertaining to the kinds of financial aid available, in addition to private student loans for which you may be qualified. Here you can kick off the application for a private student loan to educate yourself at Southern Illinois University at Carbondale. Southern Illinois University at Carbondale’s private student loans are available to apply for at this location.

Begin your inquiry for a private student loan here.

Main Program Features

  • Borrow as little as $2,000 or or up to Cost of Attendance per year. $120,000 lifetime maximum
  • Choose between making interest payments or a nominal $25 Proactive Payment payment towards the loan while in school
  • Use the funds for any qualified educational expense, including past due tuition bills
  • Quick approval once we receive your completed application
  • Cosigner release after just 24 consecutive on-time payments

Student Benefits

  • Zero Origination Fees for all qualified student borrowers
  • Competitive Interest Rates
  • 1% Interest Rate Reduction once 10% of the loan principal is repaid during the full repayment period
  • 30 Day No-Fee Return Policy allows you to cancel the loan if you find a better option

Eligibility & Credit Requirements

  • Borrower must be enrolled in an eligible school and pursuing a degree program
  • Borrower must be a member or join a federal credit union during the online application process
  • Borrower must be a U.S. Citizen or permanent resident.
  • Students are encouraged to apply with a creditworthy cosigner for a better chance of approval and/or lower interest rate

Additional Information About Private Loans for Students Attending Southern Illinois University at Carbondale

A private student loan is a loan lent out by a financial institution to aid students to pay for their educational expenses as soon as all other financial aid has been depleted. Tuition, books, and living costs may be included in expenses for financial aid. Southern Illinois University at Carbondale does not offer or make private student loans, and the data provided herein should not be considered to be a promotion of cuStudentLoans.

A student loan to study at Southern Illinois University at Carbondale can come in an array of forms. The U.S. Education Department makes available government student loans through the Direct Student Loans program. Private organizations may also issue private student loans. The expenses of attending Southern Illinois University at Carbondale are on occasion covered by combining private and federal student loans.

It is important to see that all scholarships, grants and federal aid options should be depleted before applying for a private student loan. It is always significant to go over any fine print and understand your responsibilities.

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