A student who wishes to borrow additional funds has the option to borrow directly from a bank. We strongly encourage students to complete the FAFSA and find out their eligibility for grants and/or Stafford Loans before applying for an alternative student loan. These loans are not federal student loans, so alternative student loan terms will vary from lender to lender. Students considering this option are encouraged to carefully research the loan terms (fees, interest rates, repayment plans, etc.) before taking out the loan. Students apply for alternative student loans directly with the lender. The lender will then request the Financial Aid Office certify the loan. The maximum loan amount a student may receive is the Cost of Attendance (COA
) minus any other financial aid (grants, loans, scholarships, and other educational assistance). After certification federal law requires lenders to wait at least 8 business days before sending the loan funds to the college. Due to this students are encouraged to apply early so funds are not delayed. Please contact the Financial Aid Office with any questions.