Many lenders offer "private alternative loans" for students who need additional aid to attend college. Most alternative loans are credit based and may require a co-signer. The interest rate can be higher than that of a Federal Direct Loan. In most cases the amount of the loan cannot exceed the cost of attendance minus other financial aid.
Below is a link to ELM Select, which provides students with information about alternative loans. The lenders on the list have responded to Chapman University's Request for Information. Neither Chapman University nor the Office of Undergraduate Financial Aid recommends borrowing from any particular lender. Instead, we recommend you review the terms and conditions of each of the lenders to obtain the loan that best meets your needs. You can and may wish to investigate lenders that are not listed. When you have decided on a lender, you will need to apply. The lender will communicate with Chapman University electronically. If the lender is not listed on ELM Select, you should follow the application procedures the lender prescribes.