This information is intended for lenders, marketing partners and schools considering using the Student Loan Marketplace. If you are a student or consumer, please go to our marketing partners' sites.

I'm a School Administrator

Do students at your institution take out private student loans? Do you want them to know and compare the terms of these loans before they sign their promissory notes? Student Loan Marketplace allows students to compare reliable financing options from multiple lenders side-by-side with easy-to-understand loan terms, all in a single online session.

Reliable Loan Terms from Multiple Lenders

The Marketplace provides what students need: a transparent way to view, compare and select reliable private loan terms – not “as low as” advertisements for rates – on one site and with only one credit check.

Fair and Complete Comparison of Loan Products

Schools can feel confident in giving their students access to a transparent comparison that features standard APR and other cost calculations, enabling users to view and compare detailed product terms in an “apples-to-apples” format. When private student loans are displayed, students view a reliable comparison of all costs and fees with the option to sort by total cost, APR or monthly payment, allowing them to make a fair and complete comparison of loan options.

Features

Allow students to learn, compare and make decisions about private loans based on reliable loan terms from multiple lenders quickly and easily on one website.
Utilize a model to help protect students’ credit scores, as the Marketplace only uses one credit check to match available loans from all participating lenders.
Provide students with robust loan sorting and comparison options to review loan products based on the most important criteria for their individual situations.
Rate lender products, services and support for your students with our unique star-based loan rating system, allowing you to provide guidance without a preferred lender list.
Configure the Marketplace, if you wish, with school-specific information about your policies, deadlines, academic programs and grade levels to ensure that your students are presented with tailored loan options.
Educate students on smart borrowing practices, including maximizing grants, scholarships, work-study and federal loan options before turning to private loans and using a co-signer to achieve better rates and fees.
Direct students to an open network of lenders where loan information is transparent and reliable.