Private Student Loans from US bank

Private loans are often used to supplement federal student loans when they are not sufficient to cover the full cost of education. Students should always explore the advantages of grants, scholarships and federal student loans before applying for a private loan.

U.S. Bank offers the following school certified private student loans. Not sure if your school participates? Check with your college financial aid office or call 800-242-1200.
U.S. Bank No Fee Education Loan
U.S. Bank Bar Review Education Loan
U.S. Bank No Fee Education Loan
A non-federal loan designed for students enrolled in a four-year undergraduate or any graduate program at an eligible college or university.

Loan Details:

* These loans are credit-based. You don't have to demonstrate financial need.
* Must be enrolled part-time or more and making satisfactory academic progress in a four-year undergraduate or any graduate program at an eligible college or university.
* No application, administration or reserve fees.
* Automatic deferment of payments while in school and for six months after graduation or less than half-time enrollment. Or, choose to make interest payments while in school.
* Repayment term up to 15 years.1
* Affordable repayment options.

Loan Limits:

* Borrow up to the cost of attendance, less financial aid received. This amount will be the lesser of what the borrower requests, program limits, or school certified amount.
* Applicants approved at the highest interest rate are limited to an annual borrowing amount of up to $20,000.
* Minimum loan amount is $1,000.
* Aggregate Borrowing Limits:
o $50,000 in U.S. Bank Private Student Loans
o $120,000 from all student loan programs (which includes federal)

Interest Rates:

* Interest rates are dependent upon credit history. All rates are variable over the life of the loan.2
o Prime + 1.95%
o Prime + 4.95%
o Prime + 8.95%3

Cosigners:

* With the help of a qualified cosigner, you may more easily qualify for a loan and receive a better rate.
* Cosigner release options are available.

Repayment Discount:

* Use our convenient AutoPay option and receive a .50% interest rate reduction