Private Loan Lender List

Alternative loans, also called private loans, are offered by lending institutions as an additional source of funds for higher education. These loans are not part of the federal government loan programs and may be more expensive for the borrower than federal loans. Alternative loans are good options after other financial aid sources have been exhausted, including Stafford and PLUS loans.

If you wish to borrow an alternative loan, we highly encourage you to research the various loans and pick the one that best fits your needs. Interest rates, fees, repayment periods, rebates, etc. can vary by lender and loan program. In order to remain competitive lending institutions frequently reevaluate their alternative loan programs.

Click here for a comprehensive list of alternative educational loan lenders.

You can also obtain information about Residency and Relocation Loans which are only available to help students in their fourth or final year of medical school to cover the costs of residency and relocation.

OSFA is unable to provide guidance as to which alternative loan best meets your needs. This list is provided by finaid.org and they are responsible for the accuracy and updating all content.