Private Loans


Variable Rates: 3.99% - 12.99% APR3

Fixed Rates: 5.99% - 13.99% APR3

  • Cover up to 100% of school-certified costs1
  • Get a great rate with no fees
  • 1% cash reward for good grades2
  • 0.25% auto debit reward while enrolled in automatic payments2
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Discover’s lowest rates shown include an interest-only repayment discount and a 0.25% interest rate reduction for automatic payments.

See Important Disclosures1,2,3

Variable Rates: 3.94% - 11.19% APR1

Fixed Rates: 5.29% - 12.78% APR1

  • Apply in 3 minutes - Get an instant decision
  • Full, interest-only, flat, and deferred payment choices when in school
  • 0.25% interest reduction for automatic payments while in school
  • Zero application fees, origination fees, or prepayment fees

Variable Rates: 4.04% - 13.04% APR1

Fixed Rates: 5.81% - 14.87% APR1

  • 1% Cash Back9 + 0.25% interest reduction for automatic payments
  • Affordable rates, flexible plans - start payment after graduation
  • Non-Cosigned option for eligible junior, senior & grad students
  • Zero application fees, origination fees, or prepayment fees

Variable Rates: 4.37% - 11.23% APR2

Fixed Rates: 5.74% - 11.85% APR2

  • Borrow up to 100% of the school-certified cost of attendance
  • It takes about 15 minutes to apply and get a credit result
  • Interest rate reduction available with auto debit
  • No application, origination, disbursement, or prepayment fees2

Variable Rates: 4.12% - 13.13% APR2

Fixed Rates: 5.35% - 14.05% APR2

  • Get your initial credit decision for the Custom Choice Loan® in as little as 10 minutes
  • 2% principal reduction with proof of graduation1
  • Up to 0.50% interest rate reduction for auto pay5
  • No origination, application or prepayment fees

Variable Rates: 5.19% - 11.39% APR1

Fixed Rates: 6.03% - 12.29% APR1

  • Full, interest-only, and deferred payment choices when in school
  • 0.50% interest reduction for automatic payments while in school1
  • Cosigner release after 48 months of consecutive on-time payments
  • Zero application fees, origination fees, or prepayment fees