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Private Alternative Loans

Before applying for private loans, students are encouraged to visit our "Need More Money?" webpage. 

IMPORTANT NOTICE FOR STUDENTS THAT HAVE PRIOR LOANS FROM SUN TRUST (Collegiate Custom Choice Loans): Sun Trust has announced that they will no longer accept applications for new loans after May 31, 2020. You will need to select a new lender for future loans. 

IMPORTANT NOTICE FOR STUDENTS THAT HAVE PRIOR LOANS FROM WELLS FARGO BANK: Wells Fargo Bank has announced that they will no longer be processing loans for new students. For this reason they are no longer published on our lender list. Only students with prior Wells Fargo Loans will be allowed to apply for loans for the 2020-21 academic year.  

What is a private (alternative) loan?

Private educational loans are available from private lenders for students whose cost of attendance has not been met with other financial aid. 

To help you begin your research, we are providing you with a neutral-platform list of lenders called ElmSelect that can assist you in your search for a lender. These tools are provided as a starting point for your research, not as a recommendation or endorsement. 

To access ElmSelect, please choose from one of the options below:

ElmSelect Private Loan Options for Undergraduate Student Borrowers

ElmSelect Private Loan Options for Graduate Student Borrowers

ElmSelect Private Loan Options for Parent Borrowers

Private Lender Code of Conduct Policy

Private Lender Policy