Alternative Loans
Alternative Loans are available to assist students enrolled in
programs with high educationally related expenses. Creditworthy
students may borrow from $2,000 - $20,000, depending on their cost
of attendance.
You must demonstrate financial need, be enrolled at least half
time or better, and be making satisfactory progress.
Interest rates on these loans are variable, not to exceed the 91-day
Treasury bill rates plus 3% at repayment. Interest accrued during
periods of enrollment may be capitalized upon the request of the
student.
Please Note: You must apply for loans. Receipt
of a financial award letter indicating eligibility for a loan does
not constitute application. Further information and applications
for loans are available from the Office of Financial Aid. You can
reach the Office at finaid@mail.barry.edu
or by calling (305) 899-3673 or 1-800-695-2279.
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