Discover Student Loans Lender Profile

Helping students pay for college and graduate school is what we do. We are one of the largest providers of private student loans. With Discover Student Loans, you can cover up to 100% of your school-certified tuition, housing, books and more, up to aggregate loan limits. All of our loans feature fixed and variable interest rates. In addition, we offer cash rewards for good grades, zero fees, and all Student Loans Specialists are US-based and available 24/7. 

Citizenship: Be a U.S. citizen or permanent resident

College Enrollment: Be enrolled at least half-time in a degree-granting program at an eligible institution

International Students: Require a cosigner who is a US Citizen or permanent resident

Age Requirement: Must be 16 years or above at the time you apply

Academic Progress: Be making satisfactory academic progress as defined by your school


*Lowest Rates shown include a 0.25% interest rate reduction for automatic payments

Fixed Term

Term (Years)

Rate (APR)



6.34% - 12.99%

6.34% - 13.99%


Variable Term

Rate (APR)

Term (Years)

4.34% - 11.99%


4.34% - 12.99%


  • No loan application fees, no origination fees and no late fees
  • Get a 3.0 GPA or better and get a full 1% cash reward on each new undergraduate and graduate student loan, redemption period is limited
  • Choose in-school or deferred repayment option with no prepayment penalties
  • Up to 100% of school-certified college costs are covered, aggregate loan limits apply


If you're looking to pay for school with a private student loan, compare your options with these lenders.

Learn the best ways to find the right private student loan to help fund your education.

First time taking out a student loan? Learn more about the application process.

Considering taking out student loans? Learn the pros and cons of fixed and variable rate loans.

Learn More About Student Loans


Discover Bank


Discover Student Loans

Additional Information

Access the best student loans today