Private Student Loans

A private student loan can help students afford tuition and education-related expenses that exceed their personal budgets or financing available from Federal Student Aid (FSA) programs. Pacific College encourages students to first pursue grants and scholarships, then exhaust access to federal student loan programs prior to seeking private education loans.

Pacific College does not participate in any preferred lender arrangements for private education loans nor maintain a preferred lender list.

Private loans are funded by banks, credit unions, and other types of lenders. Private lenders consider a variety of personal factors (including credit score, job history, and school) before approving a loan, and you must apply to each individual lender. Private student loans may not offer the same benefits, flexibility, and repayment terms as federal student loans.

ELMSelect is a free portal and service of ELM Resources displaying private lenders that have funded or are willing to fund education loans for students at Pacific College. Education Loan Management Resources (ELM) is the only not-for-profit, mutual benefit corporation serving students, lenders, and schools.

Pacific College does not make any recommendations regarding private lenders. Students may borrow from any lender.