Private (Alternative) Loans

A loan from a commercial lender used to pay for up to the annual Cost of Attendance, less any financial aid received. Private loans usually require the applicant to be creditworthy or have a co-signer, have various interest rates, fee and repayment options. Repayment of interest (and often principal) generally begins immediately, with some lenders offering deferment options for in-school periods.

VCSU offers an online private student loan comparison tool for you to use called FASTChoice. FASTChoice is designed to assist you in making the private student loan choice that is best for you.

FASTChoice Private Loan Comparison Tool