Alternative Loans
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 about such loans is available online. Information also is available through your bank. We highly recommend that students and their families thoroughly research and compare loan companies in order to make an informed decision.
You may apply for alternative loans using the LoanConnect button below.
To make an informed decision regarding alternative loans, please visit the SimpleTuition.com website for loan comparison.
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