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Alternative education loans are not to be used as a substitution for federal financial aid loans.They are intended to provide additional funding for your education after all federal loans are sought.
The Financial Aid Office will be able to answer any specific questions regarding how these changes might or might not affect you and your financial aid award for the coming school year.
Please refer to Federal aid website for additional information.
This document will provide further helpful information from the Department of Education.
Private Education Loans Private alternative education loans are offered by private lending institutions and are not subsidized by a government agency.
The Financial Aid Office can help with any questions you might have, including information on the Cost of Attendance and what loan amount you might need when filling this form out.
Students who borrow from an alternative lender will need to complete an entrance interview and an exit interview for each alternative lender used.
The calculator is not intended for transfer, readmitted, international, graduate, part time or continuing students.
Financial Aid Changes Every year, many of the federal aid policies, practices, and awards are up for review and approval by the federal government.
All financial results are only an approximation based on the information you will supply and cannot be considered an actual award.
To be considered for federal or state (if applicable) financial aid, you must complete the Free Application for Federal Student Aid (FAFSA).