Alternative (Private) Education Loans
Alternative (private) education loans are offered by private lending institutions
and are not subsidized by a government agency. Interest rates, processing fees,
eligibility requirements, and repayment differ with each lender. There are strict
credit requirements, and in most cases a co-signer is needed.
Alternative (private) education loans are not to be used as a substitution for Federal
Direct loans. Alternative (private) education loans are intended to provide
additional funding for your education after Federal loans are sought.
To obtain a list of alternative (private) education loan options, first select the
Brown Mackie College location you are interested in attending from the list below,
as lender options may vary across our family of schools. Students are free to use
any private lender of their choice.
will apply for eligibility to participate in
the United States Department of Education Title IV programs, but is not currently
eligible to participate in these programs.
While the campus expects to become eligible to participate in Title IV aid programs,
it cannot guarantee when or if that approval will be granted.