Alternative Loans from private lenders are mostly credit-based loans and most will require periodic payments of principal and interest once disbursed. Interest rates vary, and a separate application is usually sent directly to the lender, which is then forwarded to our office for certification of the student’s status.
There are a variety of loan programs available to help finance a college education, all of which will have to be repaid either upon disbursement of the loan funds or once the student leaves school. Before applying for any loan, ask questions and evaluate each loan program carefully to choose the one which is best for you. Some options include: