Alternative/Private Loans

Alternative loans, also referred to as Private Loans, are credit worthy loans that help bridge the gap between the cost of attendance and the student's other financial assistance (PELL, TAP, SEOG, Work Study and Federal Stafford Loans). While the student is the primary borrower, a co-borrower (co-signer) may be required. The interest rates are variable for each lender (bank). Repayment is generally deferred for six months after graduation, though interest will accrue while in school. The financial aid office will assist students with the application process (which is normally done online).

Here are the links for the lenders that are participating in the Alternative loans for Villa Maria College students:

 

• Chase Select Private Loan 
• Discover Private Student Loan
• New York Higher Education Loan Program (NYHELPs)
• Sallie Mae Smart Option Loan funded by Student Funding Group
• Sallie Mae Smart Option Private Loan 
• Student Funding Group Solutions Loan
• Wells Fargo Collegiate Loan