Alternative Loan Companies
There are many alternative (or private) loan sources for students. We always recommend you use federal student loan options first because they typically have better interest rates and repayment options. However, if you need additional funding the alternative loan programs may be a helpful choice. Usually the school is required to certify the loan after you have been credit approved and borrowing limits typically max out at the estimated cost of attendance. Check the links below or the internet for lenders offering alternative student loans. The best information about their options on terms and conditions for borrowing are available on their web sites. You can also visit with your financial aid counselor for some details about these loans. We have some loan applications in our office, although many offer on-line applications now.