CSUN Finaid: Private or Alternative Educational Loans

Private or Alternative Educational Loans

Before considering a Private Loan, be sure to discuss all federal loan options with the Financial Aid and Scholarship Department at (818) 677-4085 or via email at financial.aid@csun.edu

In most cases, CSUN requires the student to file a Free Application for Federal Student Aid (FAFSA).

A private education loan is a credit based consumer loan for the sole purpose of covering education costs. Since they are credit based, you need to have an established credit history of at least 18 months. If you do not have an established credit history, you can have someone, such as a parent, guardian, or relative, apply with you as a co-borrower or on your behalf as a sponsor.

A private education loan can offer substantial benefits over other financing options such as credit cards, home equity loans, borrowing against a 401K, or using savings and investments.

A private education loan may be right for you if:

You need funds quickly
Scholarships, grants & federal student loans do not cover your total education-related costs
You do not want to tie-up credit cards, home equity, savings and investments, or a 401K plan
You are not applying for traditional financial aid but still need money to cover your education-related costs

Check our lender list to get more information on private loans.

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Bookstore Debit Card Loan
Federal Perkins Loans
Federal Stafford Loans
Graduate Plus
Parent Loans for Undergraduate Students (PLUS)
Private Student Loans

Financial Aid & Scholarship Department Division of Student Affairs Federal School Code: 001153

Loans

Private or Alternative Educational Loans

How to Accept Your Loan:

General Loan Information:

Debt Management Links

Financial Aid & Scholarship Department
Division of Student Affairs
Federal School Code: 001153