Private loans are available through a number of education lenders to assist students when federal loans are not an option. These unsecured loans can be more costly than the federal loans. The interest rates are typically variable and may be tied to the prime rate, LIBOR rate, or treasury bill rate. Borrower eligibility, co-signer requirements, interest rates, maximum loan levels, and repayment options vary according to the program. These loans are based on creditworthiness, which is based on the applicant’s credit history. It is recommended that you request a copy of your credit report annually to evaluate your ability to secure private loan funds. You may obtain a free annual credit report at: www.annualcreditreport.com.

Applying for Private Loans
To apply online for a private loan using one of our suggested lenders, click the link below and select the appropriate lender to be directed to its online application process. Most lenders participate with the electronic signature process. Private Loan Suggested Lenders*

You may also contact a local credit bureau in your area or one of the three national credit bureaus listed below:

*We have selected these lenders based on their high levels of service, ease of processing, competitive interest rates and borrower benefits, lender history and loan servicing. The above lender information is provided as a guide. Please remember the choice is yours. To choose a lender outside of this list, please contact our office for instructions.