Private or Alternative loans may provide a source of funding for educational expenses but they are best utilized after federal, state and institutional scholarships, grants and loans are applied for and utilized. It is important to determine your eligibility for these other forms of assistance prior to applying for and accepting private student loans. Federal student loans may have more favorable terms than private education loans. Lastly, private education loans may reduce the student’s eligibility for free or lower cost financial aid available to a student. Students may begin the process of applying for federal student loans through the UCA Financial Aid website or by going directly to the federal government’s web site to complete the FAFSA.
Below you will find a comprehensive list of the private education loan lenders that UCA students have used within the last three years. It is not a preferred lender list. It is important that you compare the terms and conditions of the loans before you commit to a particular lender.
| Lender Name | Phone # | Website |
|---|---|---|
| Abbey Credit Union | 1-800-546-8882 | https://www.abbeycu.com/loans-and-credit/student-loans.html |
| Arkansas Federal Credit Union | 1-866-438-1448 | http://afcu.studentchoice.org |
| Arkansas Student Loan Authority | 1-501-682-2952 | https://asla.info/student-loan |
| Bank of Lake Mills Ascent Funding | 1-619-340-0238 | https://www.ascentfunding.com/college-loans/ |
| Baxter Credit Union | 1-800-388-7000 | https://www.bcu.org/StudentLoans.aspx |
| Citizens | 1-888-333-0169 | http://www.citizensbank.com/collegestudent |
| College Ave. | 1-844-422-7502 | https://www.collegeavestudentloans.com/ |
| Earnest Operations | 1-888-601-2801 | https://www.earnest.com/student-loans |
| Edly, Inc. | 1-800-897-5918 | https://student.edly.co/student |
| Funding U | 1-855-537-5457 | https://www.funding-u.com |
| Great Southern Bank-Sallie Mae | 1-866-439-0993 | https://www.greatsouthernbank.com/personal/private-student-loans |
| Higher Education Servicing Corporation | 1-800-366-4372 | https://www.hescloans.com |
| Lake Trust Credit Union | 1-888-267-7200 | https://laketrust.org/personal/loans/student-loans |
| Lendkey Technologies FKA Fynanz, Inc. | 1-877-847-3964 | www.lendkey.com |
| MEFA | 1-800-266-0243 | https://www.mefa.org/ |
| Sallie Mae | 1-800-472-5543 | http://www.salliemae.com/student-loans/ |
| SOFI Bank NA | 1-855-456-7634 | https://www.sofi.com/private-student-loans/ |
| Union Federal | 1-866-296-3637 | https://unionfederalstudentloans.com |
If you would like the pdf version of this private loan lender list, click here.