Money should never be a factor when you are trying to get an education, that's where the best student loans in the US can help. The rising costs of education can be a deterrent for many aspiring individuals who seek higher learning.
As a matter of fact, students in the United States spend thousands on college education alone. Thankfully, there are some of the best student loans available to students today, allowing them to gain access to the financial support they need.
In need of financing options to help fund your college education? We have compiled a list of some of the best US student loans available today. Take a look.
4 Best US Student Loans
SoFi
SoFi is a leading choice for students who are looking for the best student loans on the market primarily because it offers a wide variety of loan options – all at no extra fees. Plus, it has competitive interest rates ranging from 1.35% to 11.76% depending on the type of term and plan.
Besides their extensive range of plans for students and parents alike, SoFi also offers flexible repayment options. Plus, enroll in autopay and you’ll be entitled to a 0.25% discount.
It is also appealing for individuals who bear a credit score as low as 650. As part of its commitment, Sofi is offering an Unemployment Protection Program that allows borrowers to temporarily freeze their payments for up to 12 months.
Ascent
Another student loan option that’s high up on our list is Ascent. Besides competitive interest rates ranging from 3.17% to 14.92%, this lending institution is also notable for its uber flexible repayment terms and options from five to 15 years.
It also includes graduated payments for students who are just starting out with their lives. A revolutionary offering, Ascent provides student loans without requiring a co-signer. Another perk of this lending institution is its 1% cash-back reward for qualified borrowers.
Citizens Bank
What makes this bank stand out from other competitors are its low interest rates. Provided borrowers enroll in autopay and create an account, they’ll be privy to a number of loan options with exceptional rates ranging from 1.54% to 12.04% and get discounted rates of up to 0.50%.
To complement its low interest rates, Citizens Bank offers high student loan limits ranging from $1,000 to $350,000 depending on your degree and the level of education you are pursuing.
Sallie Mae
Last but certainly not least on this list is Sallie. A tried and tested financial lender, Sallie Mae is considered one of the best student loans in the country thanks to its attractive interest rates ranging from 3.98% to 11.85%. There are also no origination fees and other pesky charges.
Moreover, this lending institution is also known for its flexible repayment options and even more favorable rates and programs for those who sign up with a co-signer.
The great thing with Sallie Mae is that options aren’t limited to college-level education and beyond. There are also K-12 loans and even parent loans. As part of its perks, Sallie Mae also gives its borrowers access to Chegg Study, Chegg Tutors, and Easybib Plus for convenient studying.
The Bottom Line
These best US student loans can certainly bridge the gap between the money in you have and the money you need to continue learning. With these options, you can now pay for educational expenses at costs you can afford and within a time frame that fits your lifestyle.
