Private Loans

Private Alternative Loans are often used to help bridge the gap between tuition costs and the amount of financial assistance you receive. Once you and your family have considered federal loan options, you can use ELMSelect to find & utilize private lenders. We recommend these lenders based on the quality of products and services they provide to students and families. We have carefully considered our selections in order to provide you with the best possible list of suggested lenders. However, if you wish to use another lender that is not on this list, you have the right to do so.

ELMSelect displays products from local and national lenders, complete with detailed listings of APRs, interest rates, total cost, monthly payments, borrower benefits, fees and repayment options.

Please keep in mind that Private Alternative Loans are credit-based.  We strongly encourage you to apply using a cosigner to ensure you receive the best interest rate possible.

Students who are eligible for federal student aid should complete the FAFSA and exhaust all federal, state, and University aid options, including federal loans, before applying for a private alternative loan. It should be noted that prospective borrowers may qualify for loans or other assistance under Title IV, HEA programs. Federal student loans generally have more favorable terms and conditions than private loans. We recommend that you utilize all federal loan eligibility before turning to private loans.

Students applying for a private loan will need to complete a Private Education Self Certification Loan form.

 To apply for a private loan, visit: