Many different lenders are offering alternative loans, and one should consider applying for a private, alternative educational loan only after exhausting all other possible sources of funds. Each loan is different, so you should become familiar with the criteria, benefits, fees, and the margins above the index. If possible, the student should apply with a parent as a co-borrower; the co-borrower may reduce applicable fees and will lower your interest rate.
Welcome to the section of the website that pertains to student loans and family financing options. It is to your advantage to maximize the student's federal subsidized or unsubsidized loan eligibility before borrowing alternative or parent loans.