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Student Alternative Loans
Alternative loans are private loans through a lending institution. These loans are in the student’s name and most require the student to have a credit worthy co-borrower. There is a credit scoring process that is completed on the borrower or co-borrower. Because alternative loans have a variety of different interest rates, loan fees, grace periods/deferments, and repayments terms it is important to research the available loans and choose the one that best fits the borrower’s needs. To assist you in this process, WJU has compiled a comparison list of different alternative loans that we think may best match our student body. Listed below are the websites of the lending institutions where you can apply for an alternative loan: Campus Door Loan – www.campusdoor.com
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