Alternative loans are loans borrowed from a private lending institution. Therefore, interest rates and repayment terms will vary. Generally, you must be enrolled at least half-time and demonstrate satisfactory progress to receive an alternative loan; however, some lenders do offer loan products for students enrolled less than half-time. Students may borrow up to the cost of attendance minus any other financial aid received. Alternative loans are not eligible for federal loan consolidation.
Note: If you wish to borrow an alternative loan, please apply with the lender of your choice. Once approved, the lender will submit a certification request to Barry University on your behalf.