An alternative student loan is a personal loan from a bank, credit union, or other non-government entity used for educational expenses not covered by financial aid resources. The United States federal government does not guarantee or subsidize alternative loans. The terms and conditions vary and are set by each lender. Interest rates and repayment options do not adhere to the same guidelines as federal Direct Loans. For additional information about Direct Loans, visit studentaid.ed.gov or call our office
Our records indicate that you have submitted an application for an alternative loan; however, our office has not received your FAFSA. You may be eligible to receive federal financial assistance. Please submit your FAFSA at www.fafsa.gov to deterime your eligibility.
Please select from one of the following:
**I understand that my alternative student loan will not be processed until this form is completed and returned to the Office of Financial Aid. I also understand that it is my responsibility to submit this form prior to my credit expiration date or I will have to resubmit my alternative loan application with my lender.
LALTN (Fund: Altln)
Return completed form to: Student Central, Box 93260, Lake Charles, LA 70609; Fax 337-475-5068; Email firstname.lastname@example.org