Private Student Loans
Smarter Student Loans for Smarter Student Borrowers.
Get Started See your rate in minutes without affecting your credit score.
You have big dreams. We want to help them come true. Our student loans help you meet educational costs and achieve educational goals.
Private Student Loans
U-fi From Nelnet has undergraduate, graduate, MBA, law, and health professions loans. No matter which degree you’re working on, we’re here to make your dreams possible.
Rates listed above include an interest rate reduction for eligible applications and enrollment into auto debit. 1
Get StartedThree Easy Steps
Start Loan Application
Add Cosigner (if required)
Select Loan Offer
A Note About Private Student Loans
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.
Get StartedWhy U-fi From Nelnet?
Student loans can cover costs that aren’t met by federal funding. No matter which stage of higher education you’re in, we’re here to help. Offering low rates, no origination fees, and multiple repayment options, U-fi From Nelnet supports the diverse needs of today’s student borrower.
Auto Debit Savings
Cosigner Release
Flexible Repayment Options
What U-fi From Nelnet Customers Are Saying
Student Loan Calculator
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Get StartedThis calculator is intended for informational purposes only and the estimated monthly payment and rates given are only for Illustrative purposes. The accuracy of this calculator is not guaranteed.
* The lowest interest rate requires a creditworthy eligible borrower, and automatically withdrawn (“auto debit”) payments, a five-year repayment term, and borrowers making immediate principal and interest payments. Not all borrowers will receive the lowest rate. back
Why would I want a cosigner?
Cosigners help you qualify for private student loans and may help reduce your interest rate. As a student, it’s likely you’ll need a trusted individual with a solid credit score to act as your cosigner.
Get StartedFrequently Asked Questions
What is a cosigner?
What are the eligibility requirements for a U-fi From Nelnet student loan?
- U.S. citizenship or permanent residency status and possession a valid U.S. Social Security number. U-fi From Nelnet Student Loans are currently available in all U.S. states except Vermont.
- At least half-time enrollment at a U-fi From Nelnet eligible school for the loan period in question.
- Annual income of at least $36,000
- Neither borrower nor cosigner can have previously defaulted on a student loan
- Neither borrower nor cosigner can have filed for bankruptcy in the past seven years
- Have a credit score of 680 or more.
When should I consider a private student loan?
How much can I borrow?
- Minimum loan amount: $1,000
- Maximum loan amount: $125,000
- Minimum loan amount: $1,000
- Maximum student loan limit:
- Graduate and doctorate: $175,000
- MBA or graduate law degree: $175,000
- Graduate health professions degree: $500,000
What kind of repayment options are available?
- Immediate repayment (you'll be required to make full principal and interest payments as soon as the loan is disbursed).
- Interest-only repayment (you’ll make interest-only payments while in school).
- Defer principal and interest payments (you won’t be required to make any payments until after you graduate).
- Repayment terms from 5-15 years.
How do I know if I’m eligible for a U-fi From Nelnet loan?
- Be an undergraduate or graduate student enrolled at least half-time at an eligible institution.
- Be a U.S. citizen or permanent resident, or have a qualified cosigner who meets those requirements.
- Pass a credit check and provide proof of income, or have a qualified cosigner who meets those requirements.