Navient Student Loans Review

Navient Student Loans is offered by Navient Corporation, a financial services company founded in 2014 and based in Wilmington, DE. Navient Student Loans is offered in 50 states (and Washington, DC).

What rates does Navient Student Loans offer for in-school private student loan?

It offers a fixed APR that ranges from 5.05% up to 7.60%.

Many students have little or no credit history when they start college. By having a parent or other creditworthy individual cosign the loan, the student may improve their chance of approval or qualify for lower interest rates.

How much can you borrow from Navient Student Loans?

Available loan amounts may vary by applicant

Does Navient Student Loans charge an origination fee?

Yes, Navient Student Loans charges a loan origination fee..

Does Navient Student Loans charge prepayment fees?

Yes, Navient Student Loans charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What terms does Navient Student Loans offer?

Navient Student Loans provides repayment terms ranging from 5 to 20 years.

What type of borrowers will Navient Student Loans consider?

Navient Student Loans considers loans applications from:

• undergraduate students
• graduate students
• parents of students
• undergraduate degree holders
• graduate degree holders
• parents of graduates

What do you need to qualify for Navient Student Loans?

Navient Student Loans does not require or does not disclose a credit score minimum.

Navient Student Loans does not have or does not disclose a minimum annual income eligibility requirement. Navient Student Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

Only U.S. citizens and permanent residents can apply for a loan.

To qualify, applicants may need to provide the following documentation:

• Driver's license
• Government issued photo ID
• Proof of identity
• Proof of citizenship or residence permit