Many private lending organizations offer loan funds to assist students with their educational and living expenses. Sometimes referred to as 'alternative' loans, these non-need-based programs help bridge the gap between the total cost a student incurs to attend LU and the funding being received from federal, state and other financial aid programs.  For some private loan programs, principal and/or interest payments can even be deferred until after the student graduates or otherwise drops to less than half-time enrollment status.

You're strongly encouraged not to borrow private educational loan aid unless absolutely necessary. This is because such loans normally have a higher total cost than federal loans. Although a great many private loan programs exist, most LU students elect to borrow from the CashLoan program (offered by MOHELA) or Sallie Mae’s Signature Student Loan. However, information on other lender programs are available online. Since there are many from which to choose, Lincoln University does not endorse any particular program for our students.