{"id":938,"date":"2019-09-12T15:42:47","date_gmt":"2019-09-12T15:42:47","guid":{"rendered":"https:\/\/www.monmouth.edu\/finaid\/?page_id=938"},"modified":"2025-06-09T15:05:20","modified_gmt":"2025-06-09T15:05:20","slug":"alternative-applications","status":"publish","type":"page","link":"https:\/\/www.monmouth.edu\/finaid\/completing-the-process\/loans\/alternative-applications\/","title":{"rendered":"Alternative Applications"},"content":{"rendered":"\n<p>\u00a0<a href=\"https:\/\/choice.fastproducts.org\/FastChoice\/home\/261600\">2025-2026 Private Alternative Financing Lender List<\/a><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"alternative-loans-graduate\">Alternative Loans (Graduate)<\/h2>\n\n\n<p>Alternative Loans are available to students through private\nlenders. These types of loans are an option for students who are either\nineligible to borrow through the Direct Loan program or who have exhausted\ntheir eligibility for Direct Loan funding. Generally, students may apply for a\nloan of up to the cost of education, as determined by the Financial Aid Office,\nminus any other aid (including federal loans).<\/p>\n\n\n\n<p>Alternative Loans are not regulated by the federal\ngovernment, and the terms and conditions of the loans may vary widely among\nlenders. Since there are many options, you will want to compare lenders to find\nthe&nbsp;Alternative Loan that best&nbsp;meets your needs. As a starting point,\nwe have compiled a&nbsp;<a href=\"https:\/\/choice.fastproducts.org\/FastChoice\/Welcome.do?configId=1365618618890\">list of&nbsp;preferred lenders<\/a>. The lenders appearing on the list have been chosen without\nprejudice and for the sole benefit of Monmouth University students. Interest\nrates and fees, borrower benefits, life of loan servicing, and meeting customer\nservice standards have all been taken into consideration on our&nbsp;<a href=\"https:\/\/www.monmouth.edu\/finaid\/documents\/alt-lender-scorecard-grad-2013.pdf\">lender evaluation\nscorecard<\/a>. You are free to choose ANY lender-whether it is on\nthe list or not \u2013 without penalty. In the event that you choose a lender not\nappearing on the list, please notify the Financial Aid Office so we may assist\nin processing your loan.<\/p>\n\n\n\n<p>Once you have selected a lender, you will need to\ncomplete an application. All lenders offer the option to apply online. We\nstrongly recommend applying online, as typically applicants will receive a\ncredit decision within moments of completing the application. The Financial Aid\nOffice will then certify the loan, and once the semester begins, funds will be\nforwarded to the University and credited to the student\u2019s account.<\/p>\n\n\n\n<p>Our&nbsp;<a href=\"https:\/\/www.monmouth.edu\/finaid\/documents\/fin-aid-code-of-conduct.pdf\/\">code of conduct<\/a>&nbsp;with regard to loans may be viewed online.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a02025-2026 Private Alternative Financing Lender List Alternative Loans (Graduate) Alternative Loans are available to students through private lenders. These types of loans are an option for students who are either ineligible to borrow through the Direct Loan program or who have exhausted their eligibility for Direct Loan funding. Generally, students may apply for a loan [&hellip;]<\/p>\n","protected":false},"author":325,"featured_media":0,"parent":921,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mu_eop_enabled":false,"_mu_eop_name":"","_mu_eop_name_override":false,"_mu_eop_description":"","_mu_eop_description_override":false,"_mu_eop_url":"","_mu_eop_url_override":false,"_mu_eop_program_type":"","_mu_eop_educational_credential":"","_mu_eop_time_to_complete":"","_mu_eop_number_of_credits":"","_mu_eop_occupational_category":"","_mu_eop_occupational_category_code":"","_mu_eop_program_prerequisites":"","_mu_eop_application_deadline":"","_mu_eop_application_start_date":"","_mu_eop_start_date":"","_mu_eop_end_date":"","_mu_eop_day_of_week":"","_mu_eop_time_of_day":"","_mu_eop_educational_program_mode":"","_mu_eop_financial_aid_eligible":"","_mu_eop_maximum_enrollment":"","_mu_eop_offers_price":"","_mu_eop_offers_currency":"USD","_mu_eop_offers_price_per":"","_mu_eop_offers_preset":"","_mu_eop_salary_upon_completion":"","_mu_eop_training_salary":"","_mu_eop_recognized_by_name":"","_mu_eop_recognized_by_url":"","_mu_eop_concentrations":"","_mu_eop_identifier_cip":"","_mu_eop_provider_name":"","_mu_eop_provider_name_override":false,"_mu_eop_provider_url":"","_mu_eop_provider_address":"","_mu_eop_provider_city":"","_mu_eop_provider_state":"","_mu_eop_provider_zip":"","_mu_eop_provider_country":"","footnotes":""},"class_list":["post-938","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/pages\/938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/users\/325"}],"replies":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/comments?post=938"}],"version-history":[{"count":6,"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/pages\/938\/revisions"}],"predecessor-version":[{"id":15793,"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/pages\/938\/revisions\/15793"}],"up":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/pages\/921"}],"wp:attachment":[{"href":"https:\/\/www.monmouth.edu\/finaid\/wp-json\/wp\/v2\/media?parent=938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}