Private/Alternative Student Loans - Understanding Your Commitment
An education loan is a legally binding contract that must be repaid with interest even if you do not graduate or are unable to find employment.
Private/Alternative Loans
These are loans for all students and/or parents, used when all Federal grant and loan program options have been exhausted. These loans are also for international students with a qualified co-signer (must be a U.S. Citizen or Permanent Resident who meet certain additional criteria).
Choose from the following lenders for more information:
Loan funds will be issued directly to the school and distributed according to established procedures. Any refund due to you will be mailed or if applicable credited to your DMAC Debit Card. Funds can only be used for education related expenses. You must continue to meet all eligibility requirements at the time funds are received by the college for disbursement to your student account.
