Alternative Student Loans

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Alternative student loans are funded by private lenders and are not based on need. Important facts about alternative loans to keep in mind include:

  • The amount borrowed cannot exceed your cost of attendance minus other financial aid.
  • These loans are primarily used to supplement the federal programs when federal aid and scholarships do not meet the cost of attendance.
  • Alternative loans are based on a student’s credit history and often require a cosigner.
  • These loans cannot be certified across academic years (summer is the last term of any academic year at the UO)

Learn more about alternative loans: