How to Apply for an Alternative Loan

Chase Select Loan

No origination or repayment fees.(1)
A 0.25% interest rate reduction for borrowers who have their monthly payments automatically deducted from a bank account.
Applying with a qualified cosigner may reduce your interest rate and improve you chances of approval.
Cosigner release option available after 36 on-time consecutive payments.

Discover Student Loans

Interest Rate:
Prime Index + Margin
Visit DiscoverStudnetLoans.com for details
Fees: NONE
Benefits: 2% Graduation Reward
0.25% Auto Debit Reward
Min Annual Loan Amount: $1000
Prior Tuition Balances: Yes, up to 6 months

Sallie Mae
Smart Option Student Loan

Deferred Repayment Option: 1-Month LIBOR + 3% to 9.875% (APR: 3.29% to 9.48%) without Cosigner
Fixed Repayment Option: 1-Month LIBOR + 2.5% to 9.375% (APR: 2.88% to 9.20%) without Cosigner
Interest Repayment Option: 1-Month LIBOR + 2% to 8.875% (APR: 2.37% to 9.23%) without Cosigner

***Borrowers will receive a 0.50 percentage point reduction in interest rate except when receiving our lowest rate.

**An additional reduction in interest rate can occur when cosigners have better credit than student borrowers.

**Increased approvals: By applying with a cosigner students can increase their chance for approval.

Cosigner: Borrowers can apply for cosigner release after they have graduated and make just 12 consecutive payments of principal and interest. Most other loan providers require 24-48 consective payments of principal and interest.

Wells Fargo
Collegiate Loan

Interest Rate: Fixed: As Low as 7.24%
Variable: As Low as 3.50%
Fees: No application, origination, or early repayment
Repayment Term: 15 years
Auto Debit Discount: .25%
Cosigner Release: Yes

Fifth Third Bank
Smart Option Student Loan

Smart Option Student loan funded by Fifth Third Bank
Minimum amount: $1000
Interest Rates: Range from 2.25% APR to 9.37% APR
Fees: No origination fees