Alternative Loans

Private Student Loans

IMPORTANT: Only look for alternative loans after you have exhausted all potential scholarships, federal grants, work-study funds, and federal loan programs (Perkins, Federal Direct Stafford, Federal Direct PLUS). The links below are intended to provide students and their parents with the tools they need to make the best decision in evaluating alternative loan options.

CMC utilizes a system called ELMSelect as a student financial aid lender comparison resource. This resource gives borrowers the opportunity to view different loan types and preferred lenders, and to also evaluate, compare and select a lender that best fits their loan needs. ELMSelect also provides an additional comprehensive neutral list of lenders to provide an even greater choice of options. Click this link to begin your lender selection process: https://www.elmselect.com/oll/SchoolLenderList/?schoolId=8476#4107

ADDITIONAL RESOURCES

A guide to Alternative Loan Options:
http://www.studentlendinganalytics.com/images/SLA_2008_Alt_Loan_Guide_FINAL.pdf

Student Loan Analytics Alternative Loan Options:
http://www.studentlendinganalytics.com/alternative_loan_options.html

Search for private student loans using Simple Tuition student loan comparison tools.
http://www.simpletuition.com/certifiedprivateloans/home?WT.mc_id=130072

Claremont McKenna College

Alternative Loans

Private Student Loans