Affordable Student Loan Solutions from Discover Bank

Unlock Affordable Education Financing with Discover Bank

Securing funds for higher education is essential as tuition, books, supplies, and living costs continue to rise. Discover Bank offers accessible student loans with competitive rates to support students across various academic levels. With flexible repayment options and no application fees, Discover provides a straightforward borrowing experience. Their loans cover up to 100% of eligible expenses, and students can benefit from rewards for good grades. Quick application processes and customizable terms make Discover an ideal choice for financing your education.

Highlights of Discover Student Loans

Discover loans cover up to full eligible costs (subject to limits), with repayment incentives for high-performing students.

Minimum borrowing starts at $1,000.

Zero application, processing, or late payment fees; free tools for scholarship comparison.

Interest rates vary from 1.12% to 10.22% for variable plans and 3.49% to 11.59% for fixed options.

Interest-only and auto-debit repayment discounts are available for qualified borrowers.

Apply swiftly with options to personalize interest rates and repayment terms.

Repayment plans include in-school interest-only payments, fixed payments while in school, and deferred payments.

Discover Loan Types

Undergraduate Loans
Designed for students pursuing bachelor’s or associate degrees, these loans cover expenses not met by federal aid.

Graduate and Professional Programs
Support for law, business, medical, or doctoral studies. Postgraduate students and residents can utilize these loans to cover various costs, including bar exam expenses.

Parent and Consolidation Loans
Parents can finance their child’s education or consolidate existing loans at lower interest rates for easier repayment.

Tips for Getting the Best Loan Quotes
Have your social security number, academic details, and financial information ready. For co-signers, all documents should be submitted along with the application for a smooth process.

Additional Discover Benefits
Explore tools for scholarship searches, loan calculators, and personalized repayment plans to maximize your educational funding options.