Chase Student Loans Alternatives

If you found your way here searching for “Chase student loans” or looking for a Chase student loans review, we have some good and some bad news. The bad news is that if you had your heart set on the Chase student finance department covering your educational costs, you’re out of luck. Recently, the bank stopped offering student loans and sold them all to Navient.

But we promised you some good news: You still have options. Many other banks and online lenders offer some of the best student loans to cover undergrad programs, graduate degrees, professional schooling, debt consolidation and more. Whatever your educational funding needs may be — you’ll find a solution here.

Check Your Student Loan Rates

View our top-rated lenders and find the best rates today. It’s quick and easy.

Refreshing data.
We found results in California.
    In this article

      Alternatives to Chase student loans

      LenderFixed APRVariable APRTermsStandout Feature
      Discover4.59%–12.99% 1.59%–11.99%15 yearsCash reward for good grades
      PNC Bank4.49%–9.64%2.92%–8.07%5–15 yearsCo-signer release options
      SoFi4.23%–11.76%1.87%–11.66%5–15 yearsFour flexible repayment options
      EarnestStarting at 3.49% Starting at 1.24%Up to 15 yearsUp to 9-month grace period
      CommonBond6.98–10.74%6.6%–9.41%5–20 yearsLongest repayment period options

      *Rates accurate as of November 2020

      Discover Disclosure: 1. Lowest APRs shown for Discover Student Loans are available for the most creditworthy applicants for undergraduate loans and include a 0.25% interest rate reduction while enrolled in automatic payments.

      Got good grades? Show them off to Discover and get cash for your A’s.

      Fixed APR
      4.59%–12.99%
      Variable APR
      1.59%–11.99%
      Loan Amount
      Up to 100% of costs
      SimpleScore
      4.6 / 5.0
      close
      SimpleScore Discover, Member FDIC 4.6
      Max Fixed APR 3
      Perks 5
      Transparency 5
      Loan Amount 5
      Fees 5

      While many people know Discover for its credit card offerings, some people are unaware that the company offers a robust line of other products, including student loans. Discover has loans for undergrads, grads, MBAs, law school, medical schooling, residency, parent loans and the bar exam. Additionally, debt consolidation options are available for people who already have outstanding loans.

      What’s great about Discover student loans is you can earn a one-time cash reward for having good grades. Earn good enough grades (over a 3.0 GPA) in a semester and get up to 1% cashback. Additionally, incoming freshmen can earn this reward based on their high school GPA.

      If you’re looking for great rates, flexible options and some sweet rewards for good grades, check out Discover student loans.

      Discover, Member FDIC Disclosure

      1. Lowest APRs shown for Discover Student Loans are available for the most creditworthy applicants for undergraduate loans and include a 0.25% interest rate reduction while enrolled in automatic payments.
      2. Lowest APRs shown are available for the most creditworthy applicants for undergraduate loans and include a 0.25% interest rate reduction while enrolled in automatic payments. The interest rate ranges represent the lowest and highest interest rates offered on Discover student loans, including Undergraduate. The fixed interest rate is set at the time of application and does not change during the life of the loan. The variable interest rate is calculated based on the 3-Month LIBOR index plus the applicable margin percentage. For variable interest rate loans, the 3-Month LIBOR is 0.250% as of January 1, 2021. Discover Student Loans may adjust the rate quarterly on each January 1, April 1, July 1 and October 1 (the “interest rate change date”), based on the 3-Month LIBOR Index, published in the Money Rates section of the Wall Street Journal 15 days prior to the interest rate change date, rounded up to the nearest one-eighth of one percent (0.125% or 0.00125). This may cause the monthly payments to increase, the number of payments to increase or both. Our lowest APR is only available to customers with the best credit and other factors. Your APR will be determined after you apply. It will be based on your credit history, which repayment option you choose and other factors, including your cosigner’s credit history (if applicable). Learn more about Discover Student Loans interest rates at DiscoverStudentLoans.com/Rates.

      Once you graduate, you may not have to pay for your own phone bill, but at least you don’t need mom and dad on your loans anymore — cosigner release is available after 48 payments.

      Fixed APR
      4.49%–9.64%
      Variable APR
      N/A
      Loan Amount
      Up to $225K
      SimpleScore
      4 / 5.0
      close
      SimpleScore PNC Bank 4
      Max Fixed APR 4
      Perks 5
      Transparency 4
      Loan Amount 3
      Fees 4

      PNC Bank is one of our favorite lenders when it comes to people needing a cosigner. Chances are that if you’re just getting started out in life (as most students are), you’re not going to have a ton of credit built up. Thankfully, student loan lenders like PNC Bank will let someone with better credit cosign to help you get your loan. Then, after 48 successful payments, you can apply to release the cosigner from the loan. Trust us when we say that mom and dad will be pleased to see you taking this big stride forward as a responsible adult.

      Aside from this, PNC Bank’s private student loan offerings are quite expansive. You can get variable or fixed rates on undergrad loans, graduate loans, medical school and residency loans and even coverage for the costs of taking the bar exam. PNC Bank’s private student loans could be a viable candidate for your school funding needs.

      Join the SoFi club via student loans and get access to financial advisors and career-coaching. It’s perfect for the career-focused college grad.

      Fixed APR
      4.48%–12.01%
      Variable APR
      N/A
      Loan Amount
      Up to 100% of costs
      SimpleScore
      4.6 / 5.0
      close
      SimpleScore SoFi 4.6
      Max Fixed APR 3
      Perks 5
      Transparency 5
      Loan Amount 5
      Fees 5

      The first thing that stands out about SoFi student loans is the flexible repayment options you’ll have while in school. Choose between deferred, interest-only, partial or immediate payments. If you’re worried about the size of your payments while in school, the partial payment option only requires a $25 monthly payment while you’re enrolled, which should be affordable for most students.

      There are two other things that stand out about SoFi makes this lender a strong contender for your student loan provider. First, it only takes three minutes to get a rate quote. Second, the lender offers unemployment protection in case you lose your job while you’re repaying your loan. Forbearance is available in three-month blocks up to one year. Additionally, SoFi will help you with your job search.
      If you’re looking for an affordable student loan with small payment options during schooling and protection in case you lose your job after school, look into SoFi student loans.

      SoFi Disclosure

      UNDERGRADUATE LOANS: Fixed rates from 4.23% to 11.76% annual percentage rate (“APR”) (with autopay), variable rates from 1.90% to 11.66% APR (with autopay). GRADUATE LOANS: Fixed rates from 4.13% to 11.83% APR (with autopay), variable rates from 1.80% to 11.73% APR (with autopay). MBA AND LAW SCHOOL LOANS: Fixed rates from 4.11% to 11.81% APR (with autopay), variable rates from 1.78% to 11.72% APR (with autopay). PARENT LOANS: Fixed rates from 4.23% to 11.26% APR (with autopay), variable rates from 1.90% to 11.16% APR (with autopay). For variable rate loans, the variable interest rate is derived from the one-month LIBOR rate plus a margin and your APR may increase after origination if the LIBOR increases. Changes in the one-month LIBOR rate may cause your monthly payment to increase or decrease. Interest rates for variable rate loans are capped at 13.95%, unless required to be lower to comply with applicable law. Lowest rates are reserved for the most creditworthy borrowers. If approved for a loan, the interest rate offered will depend on your creditworthiness, the repayment option you select, the term and amount of the loan and other factors, and will be within the ranges of rates listed above. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Information current as of 07/10/2020. Enrolling in autopay is not required to receive a loan from SoFi. SoFi Lending Corp., licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. NMLS #1121636 (www.nmlsconsumeraccess.org).

      No fees? No problem. Get a 9-month grace period after graduating and experience no fees on your student loans — yes, even late fees.

      Fixed APR
      3.8%–13.03%
      Variable APR
      Starting at 1.24%
      Loan Amount
      Up to 100% of costs
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Earnest 4.2
      Max Fixed APR 2
      Perks 4
      Transparency 5
      Loan Amount 5
      Fees 5

      If you came here searching for Chase student loan rates, then you’re probably someone who wants to save as much as possible on your student loan costs. Determined money saver, meet Earnest. Earnest variable rates start as low as 1.24%, and fixed rates are available from 3.49%.

      What’s also great about student loans from Earnest is a nine-month grace period for payments after you graduate. With most lenders, this is only six months. While you might not need the extra time to find a job, it’s nice to know the option is there if you need it.

      Additionally, Earnest loans are available for as little as $1,000, which is ideal if you only need a little help with school. Most other lenders start at a minimum of $5,000. Loans are available through Earnest for undergraduate schooling, grad school, business school, medical school and law school.

      You can take out a student loan for college knowing that you’re helping Commonbond build schools across the Atlantic through its Pencils of Promise program.

      Fixed APR
      6.98%–10.74%
      Variable APR
      N/A
      Loan Amount
      $2K to 100% of costs
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore CommonBond 4.2
      Max Fixed APR 4
      Perks 5
      Transparency 3
      Loan Amount 5
      Fees 4

      Ideally, you want to pay your student loans off as quickly as possible. However, if you really want to keep lower payments and are OK with the added interest cost over time, you may want to consider CommonBond. Where most lenders cap out student loan repayment at 15 years, CommonBond lets you take up to 20 years to pay back the money you borrow.

      The lower end of the rates with CommonBond may be a little higher than some of the other offers here. However, the higher end of the range is considerably lower than other student loan lenders. This might signal a favorable opportunity for borrowers with less-than-great credit or a cosigner that fits that description.

      CommonBond student loans also offer four repayment options, a 6-month grace period and up to 12 months of loan forbearance if needed.

      Check Your Student Loan Rates

      View our top-rated lenders and find the best rates today. It’s quick and easy.

      Chase Bank loans

      While the bank doesn’t cover the costs of schooling anymore, Chase loans are available for a wide range of other products. The bank, the largest in the country by assets, offers home loans, auto loans, and credit card options. For all of these loan options, there is one word to describe your choices—robust. Clearly, one of the ways that Chase Bank made its way to the top of the industry was by offering one of the widest arrays of product options on the market.For example, the bank offers mortgages, refinancing and home equity lines of credit (HELOCs) with plenty of options for customization and competitive rates. While rates are dependent on a lot of factors, home mortgages in most areas are well under the 3% APR rate mark.

      We welcome your feedback on this article and would love to hear about your experience with the student loans we recommend. Contact us at inquiries@thesimpledollar.com with comments or questions.

      Jason Lee

      Contributing Writer

      Jason Lee is a U.S.-based freelance writer with a passion for writing about dating, banking, tech, personal growth, food and personal finance. As a business owner, relationship strategist, and officer in the U.S. military, Jason enjoys sharing his unique knowledge base and skill sets with the rest of the world. Follow Jason on Facebook here

      Reviewed by

      • Courtney Mihocik
        Courtney Mihocik
        Loans Editor

        Courtney Mihocik is an editor at The Simple Dollar who specializes in personal loans, student loans, auto loans, and debt consolidation loans. She is a former writer and contributing editor to Interest.com, PersonalLoans.org, and elsewhere.