Private Loans

Private loans are available to students at Aquinas College. The Office of Financial Aid at Aquinas College encourages students to utilize all institutional funding available before applying for a private loan. Private loans are non-federal, credit-based loans that must be paid back. In some situations students will be required to have a co-signer in order to qualify for private loan funding. The interest rate for private loans is a variable rate based on the prime rate or LIBOR, plus a fixed percentage based on the borrower’s or co-signer’s credit rating.

Below is a list of lenders from which Aquinas College students have borrowed in recent years. Students may select any lender, including those not listed below. Regardless of which lender you select, the Office of Financial Aid will process your information and request funding from the chosen lender.