Alternative loans are a good resource when additional funding is needed to supplement the student's financial assistance. Students need a co-signer with good credit in order to acquire a private loan. Interest rates vary and interest accrues while the student is in college. Repayment begins six months after graduation or if you drop below full-time enrollment. You should first complete a Free Application for Federal Student Aid (FAFSA) to take advantage of lower interest rates on federal loans.
Information is also available through any bank. We highly recommend that students and their families thoroughly research and compare loan companies in order to make an informed decision.
The list below is a historical list; you may choose any lender. The college does not endorse any lender.
Affinity Plus Private Education Loan loan disclosure
Anheuser-Busch Employee Credit Union Loan (866) 252-8561
Canada Student Loan
Citizen’s Bank/Charter One Bank TruFit Loan (800) 721-3969 loan disclosure (pdf)
Commerce Bank of St. Louis (800) 666-3910 loan disclosure
Scholar Private Student Loan (888) 549-9050 loan disclosure
Discover Student Loans (and prior CitiAssist Loan borrowers) (877) 728-3030 loan disclosure
Fifth Third Bank (800) 222-7192 loan disclosure
Regions Bank (800) 858-7822 loan disclosure
Sallie Mae Smart Loan (800) 695-3317 loan disclosure
SunTrust Custom Choice Loan (866) 230-5609 loan disclosure
University of Iowa CCU Loan (319) 339-1000
Wells Fargo Collegiate Loan (800) 378-5526 loan disclosure
Wells Fargo MedCAP Alternative Loan for Health Professionals (800) 378-5526 loan disclosure