An interesting option with a Student Loan Network private student loan is that even if you apply with a co-signor, there is an opportunity to have that co-signor removed from the loan after only 3 years of repayment based upon the students then current credit worthiness.

As with most private student loans, the Student Loan Network offers payment deferral for up to 12 months after you leave college. Funds are sent directly to you in two disbursements, one on September 1st and one on January 2nd. The private student loans may be repaid through a 25 year amortization.

Apply online anytime for a private student loan from the Student Loan Network through this link. The Student Loan Network also provides Stafford student loans for which you may apply through this link.

As always, be sure to exhaust all options in financing your education such as federal student loans, grants and scholarships as well as applying to several private student lenders prior to accepting any private student loan.