Financial Aid

Image6Alternative/Private Loans

If your federal financial aid does not cover your total budget (or cost of attendance) you may be able to borrow additional funds through alternative loans. This can be helpful to students who have used their full loan eligibility during the Fall and Spring and need funds for Summer term, for those who need additional funds during the school year, or, in some instances, for students who have a prior balance on their student accounts.

Alternative loans are credit based.  Students who are borrowing alternative loans may need a co-signer in order to qualify for the loans.  You may apply for these loans on-line, and once approved, your lender will contact us to certify the loans for you.  Students can click on the link below to use the Fast Choice website for comparative information and for help with understanding your alternative loan options and responsibilities.

Fast Choice:


Alternative Loan Lenders 

Discover Student Loans: (6 credits minimum enrollment to apply.  No loans for prior balances)

Sallie Mae Smart Option Loan: (No minimum enrollment to apply. May apply to cover prior balances less than 1 year old.)

Wells Fargo: (No minimum enrollment required.  No loans for prior balances.) 

(Wells Fargo Application Disclosures:


 *These lenders are listed based on their proven savings to students and efficient service over the life of the loan.  You are welcome to use any lender you choose for your alternative loan. 

Alternative Loan Consolidation Information

Click here to link to Fast Choice for information about consolidating your alternative/private loans.


Important Information About Loan Disbursement:

  • Financial Aid Funds – Financial aid funds are not disbursed until after the start of the semester. Early applicants (those who apply by March 1) should have their accounts paid and remaining funds disbursed to them after the first week of school. Late applicants will be processed as completed and may not have their accounts paid and funds disburse until several weeks into the semester. You must come prepared to meet your financial obligations (to pay account balances and to cover your book and other living expenses) during the first several weeks of school, as all funds may not be ready for disbursement at the start of the semester.
  • Financial Aid Award/Refunds – Your financial aid award will be used first to pay your tuition and residence hall charges (if you are living on campus). After these payments are made, any funds remaining will be refunded directly to you by check for use in paying your off-campus housing (if you are living off campus) and other living expenses. Financial aid refunds are not disbursed until after the first week of school. For those who complete all of their aid requirements early, refunds are usually mailed by the third week of the semester. If you are late completing your financial aid award requirements, payment of your tuition will be held in abeyance pending completion of your award. If you plan to live off campus, you should have funds sufficient to pay for your housing deposit, first month’s rent, and enough living expense funds to sustain you until your financial aid refund is paid.

         For more information on refunds, click here to visit the Business Office Financial Aid Refund Process page.