College Foundation
1-866-866-CFNC
www.cfnc.org
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Alternative Loan Funding
Alternative loans are considered a "last resort" for students who have exhausted all other financial aid avenues. Alternative loans cannot exceed the cost of attendance for a student. If you have exhausted all other financial aid opportunities to you, then an alternative loan can be taken out for the rest of your cost of attendance. If you are interested in taking out an alternative loan, please contact your Financial Aid Counselor to verify that you have exhausted all other financial aid possibilities.
Application Process
Students will need to apply directly with the lender of their choice. Most students will be required to have someone cosign the loan application. Interest rates for loans are determined by the lender based on the student and cosigners credit worthiness. If you have any questions about an alternative loan, you may contact the lender directly or contact your Financial Aid Counselor.
Below are a listing of some of the alternative loan lenders that are available. You can choose a lender from this list or any other alternative loan lender that you wish.
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