Private Loans
Federally Insured Student Loans
Compass Bank recommends that you first explore and utilize all Federally insured student loans and grants* before obtaining a private loan.
Federal loans may provide you with the best overall value with regard to interest rate, fees, and other benefits. Compass Bank provides a full line of Federal loans including Stafford (subsidized and non-subsidized), PLUS, and GradPLUS loans.
To learn more about these loans:
- Start the FASFA process (Free Application for Student Financial Aid).
- Call Compass Bank Student Loan Department at 866-468-5317.
- Apply through your school's financial aid office and use Compass Bank's lender code, which you can obtain by calling 866-468-5317.
Private Loans
If you’ve exhausted all financial aid through the Federal programs and still need additional funds for your education, then you may want to consider a private loan.
Private loans generally provide quick approval and funding and can be paid directly to your school. However, private loans often have higher interest rates, may require a co-borrower, and your school must be an approved institution.
Compass Bank partners its private loan requests through CampusDoor. The link below will send you to the CampusDoor application page where you can apply directly online.
Apply for your private student loan online today
with CampusDoor or call 866-930-3965.
* Also known as Stafford Loans, FFELP Loans and/or Federal Student Loans and Pell Grants
All private loans are subject to credit approval. The Lender for private student loans is Lehman Brothers Bank, FSB. Equal Opportunity Lender. Compass Bank is compensated for the referral of private loan customers to the Lender.
