Undergraduate College Loans

As college costs have soared over the past decade, most students simply have to borrow money to help pay their college expenses. Many options exist for prospective students, including federal college loans and private college loans. The federal options, especially the Stafford college loan, are typically the best student loans as they tend to have lower rates and are backed by the government. Also, some undergraduates may qualify for subsidized Stafford college loans depending on their financial situation.

Private college loans have grown more necessary as college costs have quickly grown beyond what students are allowed to borrow through the Stafford loan program. Private undergraduate college loans offer borrowers increased flexibility in the form of higher loan limits and no application deadlines. A Think Student Loan, which is a private student loan that can be used for undergraduate college, is sent directly to the loan applicant(s).¹ Students can borrow up to the full cost of education up to a $250,000 lifetime aggregate maximum.

A Think college loan for undergraduate study allows students to defer payments until after graduation and provides a 6 month grace period after college graduation.² You can apply online or over the phone in about 15 minutes and get a credit decision in as fast as 1 minute.

If you need an undergraduate college loan that allows you to borrow up to the full cost of education at your school, consider a Think Student Loan.

¹ This loan does not require school certification and the proceeds are disbursed in the form of a check co-payable to the borrower and cosigner (if applicable), mailed directly to the applicant with the stronger credit profile.

² Interest will continue to accrue while your payments are deferred, and it will be capitalized (added to your principal loan balance) when repayment begins.

^* Think Financial refers applications to Simple Tuition, a leading student loan comparison site, and is paid a fee for this referral.