Financial Aid Resources

Alternate Loans

Home Financial Aid Resources Alternate Loans

Your financial aid package may include an alternative loan.

  • Private/alternative educational loans are not federally subsidized. They are loan programs funded entirely by private institutions such as banks.

  • You/your parents must qualify for these loans based on credit rating, grade level, or income.

  • You are not guaranteed to qualify for a private/alternative loan. It would be best if you met the lender’s qualifying criteria.