Alternative loans are used to help bridge the gap between the actual cost of your education and the amount available from federal and state grant and loan programs. There are hundreds of lenders providing different types of private educational loans. We have provided the link below to a list of several loan companies from which our students choose to borrow.

  Alternative Loan Lenders

The loan programs differ, so it is important that you know the terms and conditions of the loan, as well as, your rights and responsibilities as a borrower. Remember that a loan is a debt that must be repaid. It is recommended that students borrow wisely.

It is recommended that a student use a cosigner to help ensure receiving the lowest rate possible. Most un-cosigned loans have fees and a higher interest rate attached to the loan.

Before you look at alternative funding, please make sure that you have exhausted all possible federal and state financial aid funds available. Our office strongly recommends that students file the Free Application for Federal Student Aid before applying for alternative loans.

If you have questions regarding an alternative loan program, we suggest you contact the specific lender directly. Please feel free to contact our office with general questions at 740-593-4141.

Loan Periods for the 2008 - 2009 Year
Summer	06/23/2008 - 08/30/2008
Fall	09/01/2008 - 11/26/2008
Winter	01/05/2009 - 03/21/2009
Spring	03/30/2009 - 06/13/2009

The deadline for alternative loan certification for the 2008-2009 year is May 1, 2009.

PLUS vs Alternative Loans