Private lenders prefer to have credit worthy applicants even for student loans. Many lenders will be more flexible in providing credit for college expenses, but this is not always the case. A student with no credit experience or a poor credit history may need a co-signer to help get the loan. You also may need to provide proof that you are enrolled in an accredited school on at least a half-time basis. Not all lenders will require this. In fact a benefit of getting a student loan through a private lender is that often the requirements regarding the number of credit hours you are taking and the type of program are not nearly as strict as what the federal government requires.

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