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Prospective Students > Financial Aid > Other Aid Sources Other Aid Sources Outside Scholarships:
Private/Alternative Education Loans: Alternative Private Student Loans are available for students who need to borrow additional funds beyond their federal loan limits or who are not eligible for federal aid. These loans are credit-based and typically require that students apply with a credit-worthy co-signer for approval. To determine which lender(s) offer the best terms and conditions for you, we recommend that you utilize the following comprehensive lender comparison sites: Private loans do accrue interest while a student is in school and typically represent the most expensive form of college financing. As such, we strongly encourage all students and parents to consult with the Office of Student Financial Services prior to applying for an alternative education loan, to ensure that you have explored all other financing and payment options first. Please note, in accordance with New York State and Federal recommendations, we will not certify a private student loan unless you have first applied for and accepted your eligible federal Stafford Loan(s). |
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