Alternative Student Loan
What is it?A long-term loan which students can repay after they graduate. Unlike the Stafford or Perkins, these loans are not federally regulated and can have a variable interest rate up to 22%. The student applies directly to the bank.
Who can apply? Eligibility criteria, terms, and conditions vary by lender. Many offer repayment incentives and waive up-front fees. Most banks will require that the student have a co-signor and will offer incentives based on the credit-worthiness of that co-signor. It is important that the student compare loans to receive the best value. If you are not filing the FAFSA, contact your Financial Aid Office.
How much can you borrow? The annual limit is the undergraduate education Budget minus all other financial aid, including loans.
How do I apply? Pre-approvals are available on-line or by telephone. Listed are a few lenders that offer competitive loans. The Load Code for the University of Pittsburgh at Greensburg is 003379-04.

Alternative Lender Information and Links

List of Potential Lenders and Information