Private educational loans are a resource for students and families who seek additional funding. Private educational loans require credit approval (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. Please note that private loans may take up to 3-4 weeks to process, depending on the lender.
Graduate Students are encouraged to consider borrowing the Federal Graduate PLUS Loan before considering private educational loans.