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 listing and comparison chart of Preferred Private Educational Loans that our office recommends (based on their benefits), 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.
To view a comprehensive listing and comparison chart of most Private Educational
Loans that are available (including those listed in our preferred chart above),
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.