Discover is a portal site for the Discover Card company that focuses on help for prospective students who want to take out a loan from them for educational purposes. They offer many different kinds of loans, including:
- Undergraduate Student Loans
- Graduate Student Loans
- MBA loans
- Health professions loans
- Bar exam loans
- Consolidated loans
As you can see, Discover offers quite a lengthy list of loan types for students to apply for. Whatever your career aspirations, you will find a loan option for you on this site. There is no fee required to apply for an educational loan with the Discover bank, and you can even get assistance from a loan assistant.
Discover Card Student Loans
If you need a loan, but you were unable to get a loan the traditional way, you may be able to get a loan through Discover Credit Card company. They have variable rates from 4.49%-13.49% and fixed rates from 5.99%-13.99%. They have some of the same types of loan offerings that major loan institutions have, such as undergraduate and graduate loans, career-specific loans such as MBA loans, and consolidation student loans.
This is a great opportunity for students who either don’t qualify or don’t want to use traditional federal lenders. This way, you will be dealing directly with the Discover Card company rather than the federal government or private loans funded by various organizations.
Student Loan Benefits
Another plus to using Discover for your student loan is the fact that you can get rewards for excellent grades (3.0 GPA or greater) and lots of other opportunities to save and get cashback on their plans. Having a Discover student loan also helps you build up your credit rating so that you can have even more opportunities for borrowing in the future.
Whether you’ve exhausted federal loan options, or are shopping around to find the best private student loan lender for you, the benefits of Discover student loans are hard to beat.
Look into Discover Student Loans to learn more.