At this time Texas A&M University-San Antonio does not have a preferred lender list

Alternative Student Loans

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Private or Alternative Loans are educational loans offered by private lending institutions and are not part of the federal government student loan program. They may not require a FAFSA.

Texas A&M University-San Antonio does not recommend or prefer any specific lenders for private loans. Students may select any lender offering private loans. We recommend students to compare private loans from several lenders to find the best interest rate/terms and repayment options.

Private loan interest rates are variable and are not protected by Federal Student Loan regulations and may be substantially higher than the federal loan programs. Private loans require a student to be credit-worthy or have a credit-worthy co-signer. The lender will notify students of the interest rates and fees they are eligible for after a credit review.

Before You Borrow

Before borrowing loans, first accept all financial aid offered that does not need to be repaid. Borrowing should be a last source of funding. To be considered for other forms of financial aid such as Federal Loans and Grants, you must complete the FAFSA, as eligibility is based on the FAFSA.

Remember that dropping below half-time status or leaving school before earning a degree, will result on repayment beginning immediately. Be sure to read your Rights and Responsibilities as a student borrower before borrowing. Plan your repayment options carefully to prevent defaulting on your student loans, as the consequences may prevent obtaining employment, a home mortgage, or other credit history required prospects, including maintaining any professional licensure you may have.