Alternative Loans

We strongly encourage all students and parents who need help financing the costs of higher education to file a FAFSA application and pursue the Federal Direct and/or Federal Direct PLUS student loans. These federal loans typically have lower interest rates and fees than private loans.

However, for students who need additional assistance (or have reached their maximum in direct student loans), private educational loans may be available. We encourage students to research all alternative programs and lenders of their choice. Compare loan programs carefully because fees and interest rates vary. Peirce College does not have a preferred private lender list.