Alternative loans are funded by private lenders and are designed specifically to fill the gap between financial aid awarded and the actual Cost of Attendance. These loans are not federally guaranteed and can take several weeks to process. Keep in mind that alternative loans, unlike Stafford loans, are subject to credit verification.

To begin the process:

1. Compare lenders and choose one to fund your alternative loan.
2. Contact your lender and complete their loan application process.
3. Download the appropriate Alternative Loan Lender Form. (See below.)
4. You or your lender are required to complete this form and return it to our office.

If you are applying for an alternative loan to cover educational expenses during the Summer, download and complete the Summer Alternative Loan Lender Form (PDF). Likewise, if you are applying for a loan to cover Fall and/or Spring expenses, download and complete the Fall/Spring Alternative Loan Lender Form (PDF).

Once we have the appropriate information, we can certify your eligibility to receive an Alternative Loan. Your lender can then process your funds and release them according to the dates of disbursement set for each semester.

If you decide to change lenders anytime after submitting your application, you must contact both the original lender and our office to cancel the loan with that lender.