Alternative/Private Loan Programs
Alternative private loan programs have been established by private lenders to supplement the Student and Parent Education Loan programs available from federal government. These loans are credit based and generally carry a variable interest rate, the rate may change yearly, and they are not guaranteed by the federal government. Some lenders also require you to have a preexisting relationship with their institution in order to qualify.
Students interested in seeking a private education loan will need to contact the lender of their choice in order to initiate the application process.