Applying for an Alternative Loan

Alternative Loans

Alternative Loans are private non-need-based loans students may borrow to help pay for educational expenses.  Although these loans are "above and beyond" what is awarded by the University, the school must certify that the loan, along with the student's other financial aid, does not exceed the cost of attendance.  Students are the borrowers with alternative loans, although the vast majority of applications require a co-signer.

There are numerous alternative loans on the market. In an effort to assist you in choosing a lender that is right for you, we have supplied a link to Simple Tuition. Simple Tuition will allow you to obtain and compare data about the various alternative loans available.

Not sure which lender to use for your Alternative Loan?

CLICK HERE to be directed to Simple Tuition.

(Note:  It is usually best to wait until a student has been awarded his/her other financial aid before applying for an alternative loan – this way, you will have a better idea of how much to request.)