Apply for an Alternative Loan
Visit https://choice.fastproducts.org/FastChoice/home/639900/1 to take you to the Alternative Loan site. All lenders are viewed on one web page. You can narrow the list of lenders, view specific borrower benefits, services, rates and disclosures in a side-by-side comparison. You can then begin the loan process by clicking on a direct link to the lender’s website.
Alternative Student Loan Considerations
Please consider all financial aid options, including grants, scholarships and federal loans before applying for an Alternative Student loan. We encourage you to borrow responsibly.
Apply with a Co-signer
We strongly encourage you to apply with a co-signer. This may increase your chance of loan approval and may help you qualify for a lower interest rate.
How You Receive the Funds
The lender will send the funds directly to the college. Student Accounts will apply the funds to your student tuition account and distribute any remaining funds to you.
When Will You Start Making Payments?
No principal or interest payments are due while you are enrolled in school at least half-time. (6 credit hours per semester for undergraduates, 3 credit hours per semester for graduate students). To reduce the cost of your loan, you can make payments anytime while still in school with zero repayment penalty fee.
How Much Can I Borrow?
All financial aid you receive for the academic year CANNOT exceed your Cost of Attendance. Your Cost of Attendance is found on your Financial Aid Award Letter. To determine how much you can borrow with an Alternative Loan, add up all the grants, scholarships and federal loans you have received this academic year and subtract from your Cost of Attendance. The remaining balance is what you could apply for with an Alternative Loan.
How Much Interest Will I Pay?
Estimate the amount of interest you would accrue each month by viewing this Monthly Accrued Interest Table.