Alternative Loans

Your financial aid package may include an alternative loan.

• Private/alternative educational loans are not federally subsidized. They are loan programs funded entirely by private institutions such as banks.
• You/your parents must qualify for these loans based on various factors such as credit rating, grade level, income, etc.
• You are not guaranteed to qualify for a private/alternative loan. You must meet the lender's qualifying criteria.

Choosing a Lender

Choice: You are not required to select a lender on the list below. Most banks lend private educational loans. We provide this list as a courtesy but you may want to check with your bank first.

Process: If you are interested in obtaining a private loan, contact your preferred lender. Complete an application with the lender, and the lender will send a notice to Chaminade requesting certification by our Financial Aid Office.

Lender	Contact Information
Discover Student Loans	877-728-3030
Sallie Mae	888-272-5543
Wells Fargo	800-658-3567