Private Education Loan Programs
Many private lending institutions have educational loans that are available to qualifying students after you have exhausted federal loan eligibility. Each lender has repayment options, interest rates, borrowing criteria, etc. specific to their loan. These loans can be used to help you pay for the balance of your Holy Family bill not covered by your financial aid. Some loans can also be used for students who are not eligible for financial aid due to: not pursuing a degree; not achieving satisfactory academic progress; enrolled less than half-time or also for students that have past-due balances.
Approval is usually based on your credit, so each lender has the right to deny the loan to you. Since it is based on credit, most undergraduate students will need a co-signer. You may also wish to consider a co-signer to obtain a lower interest rate. The actual amount disbursed by the lender may be reduced by loan fees that the lender charges.
To view a comprehensive listing and comparison chart of most Private
Educational Loans that are available,
please click here.
To apply for the loan, click on the web address listed under the loan name
on the chart. It will bring you to the lender's web site.