Also known as private student loans, private education loans, alternative loans, or alternative student loans, private loans are unsecured, credit-based student loans used for education-related expenses not covered by federal loans and other aid including tuition, books, computers, previous school fees and living expenses including room and board.

Why a Private Student Loan from OneSimpleLoanŽ?
OneSimpleLoan encourages you to take advantage of all federal student loan opportunities before pursuing private loans. However, sometimes even federal student loans are not enough to cover your financial aid gap. That's where a Private Student Loan from OneSimpleLoan can be a cost-effective alternative non-federal loan source. Compared to federal student loans, private student loans typically have slightly higher interest rates. However, the interest rates on private student loans can be substantially lower than conventional credit products such as personal loans, credit cards and even home equity loans.

In addition, private student loans offer payment deferment benefits that most conventional loans don't. With a private student loan, repayment can begin after graduation or when enrollment becomes less than half time.

It's Easy to Apply over the Phone or Online
Call our toll-free number at 1-877-663-7467 to apply for your Private Student Loan from OneSimpleLoan.

Private Student Loans offer interest rates that are usually lower than conventional bank loans or credit sources. Private Student Loans from OneSimpleLoan afford you competitive rates based on repayment option and your creditworthiness and the creditworthiness of your cosigner if included. Borrow what you need Loan amounts from $2,500 up to the Cost of Attendance. Tax benefits Interest may be tax-deductible. Consult your tax advisor for details. No-hassle application process Quick conditional pre-approval No payments required until after graduation No prepayment penalty Available for most College and Vocational Education Programs The OSL Private Student Loan can be used for Undergraduate / Career Education (including Technical and Trade Education), Graduate/Professional Education and Continuing Education May be eligible for consolidation Helps you manage your debt after graduation

Fees
Private Student Loans from OneSimpleLoan are subject to origination fees that may vary based on your creditworthiness and the creditworthiness of your cosigner if applicable. Please note that applying with a cosigner may reduce your interest rate and/or origination fee, even for students who qualify on their own.