Comparing private student loan rates can save borrowers $5K+, data shows

Undergraduate students may need additional financial assistance when federal student aid and Direct unsubsidized loans don't cover the total cost of higher education. Read more about using private student loans to bridge the gap, and see how shopping around for an interest-rate reduction can save you money in the long run.

How to find low-interest student loans

Federal loans should be the first option you turn to when looking for low-interest student loans. If you hit the borrowing maximum for federal loans, you can turn to private student loans.