Home
Financial AidScholarshipsSearch
A to Z IndexAid Eligibility
Forms
Frequently Asked Questions
General Information
Links
Types of Aid
Print Instructions

 


Competitive Private Education 
Loan Lenders
 

The purpose of private/alternative loans is to provide secondary resources for students who have exhausted federal loan program options.  The list below has been compiled to help Washington State University students negotiate the array of available private loan providers and loan products, and to simplify the loan process.  While these lenders have been evaluated closely on the basis of past performance, customer service, cost and borrower benefits, students have the right to select the lender or loan product of their choice.  In fact, borrowers are strongly encouraged to conduct their own consumer research.

Washington State University utilizes electronic processes that require participation by lenders.  Lenders on this list have agreed to comply with the methods necessary for the timely processing and delivery of private loan funds.  Students are not required to use lenders on this list. No student will be penalized for choosing a lender not on the list.  However, if your lender of choice does not participate in the WSU electronic process for private loans, the disbursement of your loan funds could be delayed as a result of that lender’s process.

 

The information provided here was correct at the time this page 
was last updated.  It is for comparison purposes only.  
Consult the lender of your choice for the most accurate 
information and applications. 

CitiAssist No-Fee Loan (Citibank) Signature Student Loan  Wells Fargo Collegiate Loan Key Bank Alternative Loan US Bank 
No Fee
Interest 
Rate
Verify the Interest Rate by Checking the Lender Web Site.  
These Rates Will Fluctuate Every 3-6 Months
Fees Zero fees Zero fees Zero fees Zero fees Zero fees
Capitalization At 
repayment
At 
repayment
At 
repayment
At 
repayment
At 
repayment
Co-Signer Based on 
credit history
Based on credit Based on credit Based on credit Based on credit
Enrollment Enrolled 
(Educationally 
Related Costs)
Enrolled at least 1/2 time. Enrolled 
(Educationally 
Related Costs)
Enrolled at least 1/2 time. Enrolled 
(Educationally 
Related Costs)
Apply
 on-line?
YES YES YES YES YES
e-Sign Available? YES NO YES NO NO
Apply Here:
General Lender Web Site:

Contact Numbers:    800-
967-2400
800-
695-3317
800-
658-3567
800-
539-5363
800-
242-1200

More information on Private/Alternative Loans is available here.

For sample repayment charts, go here.

Information on comparing PLUS (Parent Loans) to Private/Alternative is available here.

 

 

Contact us: finaid@wsu.edu 509-335-9711 | Accessibility | Copyright | Policies
Office of Student Financial Aid, PO Box 641068, Washington State University, Pullman, WA 99164-1068 USA
Last updated on: April 17, 2008