Private Educational Student Loans
Private Educational Loans
Private educational loans are supplemental to federal and institutional financial assistance for students who need additional funding. For alternative/private loans, the borrower must be credit-approved by the lender (a co-signer may be required) and the interest rates and repayment terms vary. We suggest that you apply for these loans only after you receive your offer of financial aid so that you can make informed decisions about if and how much to borrow.
Graduate Students are encouraged to borrow from the Federal Graduate PLUS Loan before considering private eduational loans.
Method and Criteria Used in Selecting Lenders
CalArts does not promote a suggested lender list and will certify any loan that a student selects. The list of lenders presented in "Fast Choice" is compiled from lenders whom our students have borrowed from in the past. Students should read and compare Truth in Lending Disclosure information before borrowing. For the most current information please refer to each lender.
Contact each lender for specific loan terms and conditions.
"Fast Choice" allows students to learn loan essentials, compare loan rates and terms.