Submenu Loans that are established by private lenders to supplement the student and parent education loan programs available from federal and state governments.
In addition to the federal loan programs, many private lenders offer alternative educational loans. The interest rate and repayment provisions vary from lender to lender, so it is a good idea to check with the lenders for current rates. Visit our Lender List, or stop by the Financial Aid and Scholarship Office for a list of alternative lenders.
Alternative loans are, simply put, private loans offered by banks or other lending institutions. These loans are dependent on enrollment status but are not offered or subsidized by the federal government.
Alternative loans, or private loans, are offered by lenders for postsecondary education. These loans are intended as supplements to FFELP loans or as a substitute for families that do not qualify for FFELP loans. In most cases, alternative loans require the family, student, or a co-signer, to meet credit requirements.
Credit-based educational loans supplied by private lenders to supplement awarded financial aid.
Also referred to as Private Loans: Educational loan programs established by private lenders to supplement the student and parent education loan programs available from federal and state governments.
loans that are made to you based on your creditworthiness.
Loans from places like banks, insurance companies, foundations, etc. and are usually used in addition to Federal awards.
