Changes to These Terms and Conditions. These Terms and Conditions are subject to change. Discover Student Loans 2021 Review Bankrate Private student loans from Discover can cover up to 100 of school-certified college and graduate school costs. Discover student loan terms . Limited repayment terms. While you are making your interest-only payments you will be eligible to receive a 035 interest rate reduction. The repayment term for consolidation of a student loan under Discover loan is either 10 years or 20 years. This Discover student loans review highlights the main features application process and more to help. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy Safety How YouTube works Test new features. 3 Intro fee on balances transferred by August 10 2021 and up to 5 fee for future balance transfers will apply. A credit to the balance of any of your Discover Student Loans. Heres how the student loans break down. Discover Student