Hi, my son needs more funding outside of fed grants and loans. Does anyone have any recommendations for private student lenders? I understand I will need to be a cosigner, but I would like for him to be able to assume the loan or refinance when he is able, a few years down the road. TIA!
Sallie Mae offers co-sign release after 12 months of repayment, and offers lower interest rates if you start auto payments of interest right away.
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Do you have home equity you might tap? Sometimes that has a lower interest rate than what you will find for other private educational loans.
Unfortunately we do not. But thanks for responding ![]()
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SoFi
Closely tied to College Confidential is this private lender…
They have cosignor release per your ask…
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