Depending on your level of financial need, you can apply for a Federal Direct Subsidized/Unsubsidized Loan, a Federal Direct Parent PLUS Loan for dependent students, or a combination of private and alternative loans.

Before accepting any loan, make sure you have a clear understanding of the interest and fees you’ll pay on it as well as your repayment plan options. You can learn more about current interest rates and loan options on the Federal Student Aid Interest Rates and Fees for Federal Student Loans webpage.

Private Alternative Loans

Alternative or Private Loans are designed to supplement federal, state, and institutional financial aid. Borrowers must be credit worthy and may require a co-signer. The loan programs may vary widely and should only be considered after your eligibility for all other types of aid are exhausted.

We believe the information presented on this site is unbiased, thorough, and clearly presented but you may choose any participating program or lender you wish. Please note that neither Touro College & University System nor any of its employees have received benefits of any kind in exchange for providing this list of lenders on the website.

ELM Select is a tool that may aid you in selecting a private educational loan.

The ELM Select website allows you to compare private loan terms and rates side-by-side. The site will give you an overview of loan options before requesting an application and credit check. The application and credit check will occur once you select the loan of your choice.

Borrowers have the right and ability to select the education loan provider of their choice and are not required to use any of the suggested lenders. You can find additional private loan information and suggestions from US News and World Report.