Alternative Loan Lender List
An alternative loan is a personal loan from a bank that is used for educational expenses. These loans are often used as a supplement to a student's existing financial aid package so be sure to accept your Federal Direct Loans before you apply for a private, alternative loan. Most alternative loans are deferrable until you graduate; however some may require you to pay interest while you are attending school. Be an educated borrower! Know the interest rate, origination fee, repayment options and other terms and conditions of each loan before you borrow!
The following are alternative lenders that have been used by UAA students within the past three years. Those that have a physical presence in Alaska are listed first. The others are listed in random order.
This list is provided for informational purposes and does not represent an endorsement of any particular lender by the University. You are not required to select a lender from this list. If you would like to use another alternative lender for your loans, please contact the Financial Aid Office.
Select a lender and complete an Application/Master Promissory Note (MPN)
for each type of alternative loan requested.