Financial Aid

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Alternative/Private Loans

Alternative loans, also referred to as Private Loans, are credit worthy loans that help bridge the gap between the cost of attendance and the student's other financial assistance (PELL, TAP, SEOG, Work Study and Federal Stafford Loans). While the student is the primary borrower, a co-borrower (co-signer) may be required. The interest rates are variable for each lender (bank). Repayment is generally deferred for six months after graduation, though interest will accrue while in school. The financial aid office will assist students with the application process (which is normally done online). The alternative loan will be included on your award letter as an option for you to apply for in order to cover the remaining balance after other financial assistance is applied to your tuition.


Apply here for Alternative/Private Loans