Where Should I Start?
As you determine the best way to finance your education, you should consider the full range of student financial aid options available to you. Explore all possible resources, including grants, scholarships and work-study programs that might be part of your financial package.
Education Loan Source Private Student loans are an excellent supplement and a great alternative way to get money for school.
Education Loan Source Loans
The following loan products are tailor-made to your financial needs:
- Education Loan Source Private Loans for undergraduate students, graduate students and continuing education students. An alternative to Federal options, private loans are not bound by your Federal financial aid package; minimum of $2,500 per academic year up to a lifetime maximum aggregate of $250,000 for use on tuition and education expenses.
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Undergraduate and Graduate Students
5 Steps For Undergrads and Grads
- Complete and Submit the FAFSA
FAFSA—the Free Application for Federal Student Aid—is available through your guidance counselor, your prospective college's Financial Aid Office, and online. Fill out and submit this form as soon as possible after January 1st. - Apply for Scholarships and Grants
Grants and Scholarships are funding for education that do not need to be repaid; explore this option first. They may not cover the cost of your education, and may require some commitment on your part, but every dollar counts. - Your Financial Aid Reward Package
Your school will issue you an Award Letter outlining your student financial aid package based on the information you supplied in the FAFSA. Take time to review the various components that make up your package, which may include loans, work-study programs, grants and scholarships. - Apply for Student Loans
Your Award Letter may suggest you apply for Federal student loans. These loans can be beneficial for students, in that they are generally low-interest and are based on need, not credit history. You may also consider an Education Loan Source Private Loan, which allows you to to borrow a minimum of $2,500 per academic year up to a lifetime maximum aggregate of $250,000 regardless of your Award Package.
A parent or other creditworthy adult may choose to cosign for an Education Loan Source Private Loan.