Welcome to Nelnet Bank Private Student Loans for
At Nelnet Bank, we’re with you. We know how to help make your educational dreams a reality.
Check Your Rates
Start your financial journey on the right path with a low rate that helps you save money and pay off your loans faster. See Disclaimer
Before taking out a private student loan, make sure to take advantage of any federal student loans, grants, or scholarships you have access to. Federal student loans often include benefits and lower interest rates, so be sure to consider all of your options before applying for a private student loan.
Lowest rates listed above include an interest rate reduction for eligible applications, enrollment in auto debit, and are available only to the most creditworthy applicants. Advertised variable rates reflect the starting range of rates and may increase over the life of the loan.
Get More Help for the Road Ahead
Backed by a company that’s helped over 30,000,000 students successfully navigate repayment, Nelnet Bank was established to help make your educational dreams a reality. This strong background helps us offer a wealth of knowledge and educational funding solutions that give you an advantage at every step.
Auto Debit Savings
When repayment starts, set up automated payments and cut .25% off your interest rate – more money in your pocket.See Disclaimer
If your loan requires a cosigner, we make it easy to release them when you're ready.See Disclaimer
Flexible Repayment Options
Postpone payments while in school, and then choose from several repayment plans to find the best option for you.
How to Get Started
The next step in your journey is just a few clicks away. We make the process as easy as possible, offering knowledgeable help when you need it.
Start a Loan Application
Whether you’re a borrower or a cosigner, you begin the application by providing basic information about you and the school the borrower attends.
Add a Cosigner or Invite the Borrower
Borrowers can add a cosigner (if needed), and cosigners will invite a borrower. Either way, we'll send them an email to complete the application.
Select Your Loan Offer
The borrower and cosigner (if one is needed) will select the best loan option from the offers.
How do I qualify?
There are just a few simple eligibility requirements.
You or your cosigner must be a U.S. citizen or have permanent residency status with a valid U.S. Social Security number.
You must be enrolled at a Nelnet Bank-eligible school for the loan period in question.
You or your cosigner must meet Nelnet Bank’s credit criteria.
You must be the legal age to enter into binding contracts in your state/territory of residency, or be at least 17 years of age and apply with a cosigner who is at least the age of majority in their state/territory.
What do I need to get started?
Have this basic information on hand to make your application process as smooth as possible.
You’ll need to provide your birthdate, Social Security number, and address. (We need your SSN to validate your credit information. Don’t worry, it’s a “soft pull” so it won’t affect your credit score. We promise.)See Disclaimer
CheckIncome + Costs
You’ll need to provide your annual income and monthly housing expenses.
You’ll need to provide your expected graduation date, estimated education costs, and amount of other aid you’ll receive for the term.
You’ll need to provide your requested Nelnet Bank private student loan amount.
There’s a lot of managing your money while you’re in college, putting student loans behind you, and moving on to your next big adventure. We’re here every step of the way with helpful resources.
Frequently Asked Questions
Have questions about private student loans? If we haven’t answered your questions below, contact us – that’s why we’re here.
This referral partner is not the creditor of Nelnet Bank loans and may receive compensation from Nelnet Bank for the referral of Nelnet Bank loan customers.