This is a common situation, but it’s important that you research all of your scholarship, grant and loan options before getting a private student loan.
The best private student loans offer low rates, rate discounts and a variety of incentives.
This means that affording college is harder than ever.
Students or parents may apply to be the lead borrower.
Remember, always compare your student loan options with a service like Credible.
Don't forget that College Investor readers get a 0 bonus for refinancing with Credible.
Wells Fargo offers a 0.25% interest rate discount on student loans for borrowers where they or a cosigner have or open a consumer checking account with the bank.
Borrowers also benefit from a 0.25% interest rate discount when they enroll in automatic payments for repaying their loan. And for students who want to go on to a graduate education while still owing undergraduate debt, there’s a 0.25% discount for borrowers who have or their cosigner has, existing Wells Fargo student loans.Wells Fargo, one of the biggest names in banking to offer private student loans, allows borrowing up to the full cost of studying (minus other financial aid).