Alternative Loans
Loyola's suggested lending institutions offer a variety of private loans for students to receive additional funds beyond those received from federal, state and institutional sources. Alternative loans are low-interest, unsecured loans. Eligibility for most of these programs is based on the creditworthiness of the borrower.
The loans typically allow students to begin repayment of the loans after graduation or ceasing to be a half-time student. Please contact the lender directly with any questions related to a loan program's specific terms and conditions and how they apply to you. Remember, each loan has different terms and conditions.
Undergraduate students: You may be required to obtain a co-signer to receive an alternative loan.
Graduate students: You may also want to consider Graduate PLUS Loans as a source of additional education funds. For a comparison of alternative loans and Graduate PLUS Loans, click here.
Students with a registration block: If you are applying for an alternative loan to lift a registration block, click here (PDF) for more information.
Click the name of any lender below to begin the process of applying for an alternative loan. The Office of Student Financial Assistance endorses no lender over another.
College Illinois! Capstone Loan - For Undergraduate Seniors