Private Loan Programs

Private educational loans may be an important funding source for students who need more loan funds than the federal programs can provide. However, maximum federal loan eligibility should be utilized before a private loan is considered. Students must be enrolled in a degree-seeking program to apply for a private educational loan. Terms of private loans vary significantly and require a credit check and/or debt-to-income ratio check on the borrower and/or co-borrower. A co-borrower may be required; lower interest rates may be available to students who choose to have a co-borrower.

In an effort to assist students and families in choosing a lender, the Office of Financial Aid has compiled a comparison tool of Private Loan Lender List that have provided loans to Emory University students over the past 3 years. Please note that you are not required to use any of these lenders – the choice of lender is yours. The Office of Financial Aid will process your loan with any lender you choose. Further, the list of lenders is not in any order of preference. Choose your lender carefully with the intent that you will remain with that lender throughout your studies at Emory.

The U.S. Congress mandated that private loan lenders collect a self-certification form before disbursing a private educational loan. The Applicant Self-Certification Form contains both the form and the instructions on where to locate the required financial aid information for Section 2. The form must be returned back to the lender and should not be submitted to the Office of Financial Aid.