Loans (US)

How to apply for the Discover Student loans?

Discover Student loans feature up to 100% of school-certified college expenses covered, with affordable rates and rewards. Learn how to apply for it today!


by Aline Augusto

Published on 02/13/2022

Applying for Discover Student loans: Up to 100% of school-certified college costs are covered at no charge of fees!

Find out how the application process works! Source: Youtube Discover.
Find out how the application process works! Source: Youtube Discover.

Discover offers students, parents, and consolidation loans designed for you. It offers affordable rates with terms of 15 and 20 years.

Also, you can get rewards for good grades and discounts for enabling automatic payments. Plus, you don’t have to worry about fees since it doesn’t charge application, origination, late, or prepayment fees of any kind.

And, it offers tools and a US-Based Loan Specialist to help you out during the process. 

If you are interested in borrowing money from Discover, check out how to apply for it.


Student Loan


No fees Flexible terms

Get up to 100% of your college expenses covered.

See an ad to be redirected to another website


Apply online

See how to apply online. Source: Unsplash.
See how to apply online. Source: Unsplash.

Access the Discover website and select Private Student Loans.

Then, select your State, enter your school, and load the loan type you want. Finally, click on Get Started.

You need to provide your school and personal details. And then the degree and loan information. 

Read terms and disclosures and apply.

Apply using the app

There is no mobile app available for this kind of service.

Discover Student loan vs. Sallie Mae Student Loans

If you are in doubt about which lender to choose, we present two to you. Check out the comparison table below that helps you decide which fits your needs better.

Discover Student Loans Sallie Mae Student Loans
APRVariable: 1.29% – 10.59%
Fixed: 3.99% – 11.59%
(undergraduate rates with auto-pay reward)
– Undergraduate student loans: 
variable rates: 1.13% APR – 11.23% APR
fixed rates: 3.50% APR – 12.60% APR
– Career training loans: 
variable rates: 4.12% APR – 11.52% APR
fixed rates: 6.62% APR – 13.83% APR
– Graduate student loans: rates vary by loan
(including auto-pay discount)
Loan PurposeEducation (undergraduate, graduate, MBA, Health Profesions and Law, Post graduate, Parents, and consolidation)Education and career
Loan AmountsFrom $1,000From $1,000
Credit NeededNot disclosedNot disclosed, but it recommends an average range of 300 to 850
TermsUp to 20 yearsUndergraduate: 10 – 15 years
Graduate: 15 – 20 years
Origination FeeNoneNone
Late FeeNone5% of the past due amount, up to $25;
up to $20 as returned check fee
Early Payoff PenaltyNoneNone
Logo Sallie Mae fundo azul

How to apply for Sallie Mae Student loans?

Achieve your goals with the help of Sallie Mae Student loans! See how to apply for it and get the benefits.

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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