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Financial Aid

Private/Alternative Education Loans

The Office of Financial Aid works with a number of lenders and loan servicing agencies to provide B-W students and their families with several education-financing options. The lenders included on our Private/Alternative Education Loan Chart offer a variety of services to students, as well as a streamlined electronic application/disbursement process. Basic terms and conditions of Private/Alternative Education Loans vary from lender to lender and we encourage all first time borrowers to review the details included on our Private/Alternative Education Loan Chart: 

When borrowing an alternative education loan, please keep in mind the following:

  • Fees vary.
  • FAFSA filing is not required.  
  • Applications are generally available online.  
  • In most cases, the interest rates are variable and the repayment begins 6 months after graduation or leaving school.  

NOTE: Alternative loans are more expensive than federal loans and should only be used when all other options have been exhausted.