Alternative Loan Programs
Alternative Loans are credit-based, private student loans. With an Alternative Student loan, you may borrow up to the full cost of your education, less other aid. Alternative loans generally have higher interest rates and fewer repayment options than federal loans.
Alternative loans can be more expensive than Federal Stafford, Federal Perkins, Federal GradPLUS and should be considered only when all other eligibility has been exhausted.
- Borrowing Federal PLUS Loans -vs- Alternative Loans
- Student Loans: Avoiding Deceptive Offers
- View Alternative Loan Comparison Chart & Apply for a Loan This chart is intended for loan comparison use. The lenders on this chart were chosen because of their interest rates, low fees, borrower benefits, efficient electronic processes, and quality customer service. You have the right to choose any lender and should contact our office if you wish to borrow from another lender.