Alternative Loan Guide
The University of Kentucky is providing you with information regarding alternative loans to assist you in making an informed decision about funding your education. Before you look at alternative loan funding, make sure you have researched and used all federal and state financial aid funds that are available to you.
As you explore alternative loan options, keep in mind what is most important to you and select the program that meets your personal financial situation. Choosing an alternative loan is a long-term decision — it will be with you long after you have graduated. Being informed now could save you time, difficulties, and money later.
To ensure that you are well informed and to assist you in making the best alternative loan decision, the University of Kentucky recommends that you complete a counseling session each year before accessing our Alternative Loan Comparison Chart. To complete the counseling session, visit this page and follow the instructions. After completing the counseling session, you will be directed to our Alternative Loan Comparison Chart. The lenders listed on the Comparison Chart were selected based on front-end benefits, fees, and interest rates, repayment benefits and options, customer service to students and schools, technology, and institutional/student experiences. The University of Kentucky does not recommend one lender over another, nor do we participate in any agreements or arrangements with any lender. You are not limited to the lenders listed on the Comparison Chart and may borrow with any lender of your choice.
Loans will not be processed for a calendar year (January-December) or for a 12-month period of any combination (May-May, August-August, etc). The loan period will be adjusted to reflect the current academic term or last term of enrollment within current academic year.
If you have questions concerning a specific alternative loan program, please contact the lender directly.