Alternative Educational Loans
Alternative educational loans are available from private lenders and offer additional financial assistance to you if you have exhausted all other sources of funding for your education. These programs are meant to supplement federal and state aid when the Cost of Attendance (COA) is not fully covered by these programs.
Click here for a comprehensive list of alternative educational loan lenders. Valuable information about the alternative loan process and interest rate calculations is provided and should be read carefully. OSFA will process the alternative loan requested by the student, however OSFA will not certify alternative loans for an amount that exceeds the cost of attendance minus other financial aid or that require funding or financial guarantees by the University. New Truth In Lending Act (TILA) regulations include additional processing steps and require a three day waiting period after the disclosures have been completed before the loan can be disbursed. Depending on the lender, this can add an additional 3 to 7 days from the time of application to disbursement.
OSFA is unable to provide guidance as to which alternative loan best meets your needs. This list is provided by finaid.org and they are responsible for the accuracy and updating all content.