What is the maximum amount I can borrow per year?
• What is the minimum amount I can borrow per year? • Can payments be combined with Stafford payments? • Can payments be made through electronic transfer? • Can the loan be consolidated with other loans? • Can I borrow money to cover past due balances from a previous school term? • Are there interest rate deductions or other incentives for borrowers who make their payments on time? How do I apply? Listed on this page are the names of a few lenders that offer an alternative loan. You may also wish to contact your own bank to see if they offer an alternative loan program. The Financial Aid Office cannot recommend a lender for you. If you have any questions about the loan, please contact the lender. Your Financial Aid counselor can assist you in determining the correct amount to borrow. You may apply online or applications can be obtained by calling the lender or from the Financial Aid Office. Be a smart consumer! Always remember, these are loans of last resort. It is important to keep al
