Private or Alternative Loans

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 NamePhone #Website
Abbey Credit Union1-800-546-8882https://www.abbeycu.com/loans-and-credit/student-loans.html
Arkansas Federal Credit Union1-866-438-1448
http://afcu.studentchoice.org
Arkansas Student Loan Authority1-501-682-2952
https://asla.info/student-loan
Bank of Lake Mills1-619-340-0238
https://www.bankoflakemills.com/personal/loans
Baxter Credit Union1-800-388-7000
https://www.bcu.org/StudentLoans.aspx
Citizens1-888-333-0169
http://www.citizensbank.com/collegestudent
College Ave.1-844-422-7502
https://www.collegeavestudentloans.com/
Earnest Operations1-888-601-2801
https://www.earnest.com/student-loans
Edly, Inc.
1-800-897-5918https://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/
Richland State Bank
1-800-339-1474
https://www.richlandstate.org/online/
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.