Private/Alternative Loans

With the increasing cost of education, many students find that the funds they receive from financial aid sources (grants, scholarships, work-study and federal loans) do not cover their entire financial need.

Fortunately, private loans, also known as alternative loans, can help fill the gap between financial aid and what your education really costs. Private lenders typically offer these loans at a variety of interest rates and conditions. Since private loans are not guaranteed by the federal government, credit guidelines apply in determining your eligibility for private loans. It is in your best interest to research your options for private loans and compare lender rates, terms and conditions.

Visit the following lender sites to learn more about private loans:

Sallie Mae

SunTrust Education Loans

CitiAssist Student Loans