
Private Student Loans
A private student loan for college may help when federal funding isn’t enough. Although BMO doesn’t provide student loans, we’ve arranged to refer our customers to Nelnet Bank, Member F D I C, to work with you on financing solutions.1
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Before taking out a private student loan, make sure to take advantage of any federal student loans, grants, or scholarships to which you have access. Federal student loans often include benefits and lower interest rates, so be sure to consider all of your options before applying for a private student loan.
footnote 1 details Loans are provided by Nelnet Bank, Member FDIC, which is not affiliated with BMO Bank N.A. BMO receives a referral fee from Nelnet Bank based on the loan type and total loan amount. Banking products and services for private student loans are subject to Nelnet Bank credit approval. Nelnet Bank may have different privacy and security standards than BMO. Visit Nelnet’s website to review its privacy notice.