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Private Education Loan Disclosure

The Smart Choice

Private Education Loan Disclosure (also known as Alternative Loan)

It is important to use all available resources and to file the Free Application for Federal Student Aid (FAFSA) before applying for an alternative loan. You may be eligible for federal loans or grants which usually have much more favorable terms and conditions than alternative (private) loans. 

Please be aware that final approval must be received from your bank before an alternative loan will be deducted from your bill. 
Please review the forms that we require a student to complete prior to certifying an alternative (private) loan.

Truth in Lending Act, Section 128(e)

McNeese encourages all prospective student loan borrowers that may qualify for federal student loans or other assistance under the Title IV, Higher Education Act programs to complete the FAFSA or seek guidance from the Office of Financial Aid.