Alternative Loans are credit-based, private student loans. With an alternative student loan, you may borrow up to the full cost of your education, less other aid. Alternative loans generally have higher interest rates and fewer repayment options than federal loans. Generally, borrowers with better credit histories receive better loan terms. You may need a cosigner for these loans.
To apply for federal grants and loans, complete the Free Application for Federal Student Aid (FAFSA).
Borrowing can be costly. We recommend you consider borrowing only if you have exhausted all other options.
Only borrow what you need. Make a budget for yourself to keep your debt within manageable limits.