Alternative/Private Educational Loans
Alternative Student Loans, also called private educational loans, are credit-based student loans offered by alternative loan lenders. Students apply directly with the lender of their choice. UNTHSC cannot recommend lenders. The Financial Aid Office certifies loans based on other aid awarded and the students’ Cost of Attendance. Interest rates and repayment terms are set by the lender and are typically less favorable than government-backed student loans.
Residency and Relocation Loan
· For medical students who are enrolled in their final year of medical school
· To be used for expenses associated with interviewing, relocating and attending a residency program
· Students may choose any lender.
· This is a private loan made directly to the student by a lender and does not require financial aid certification within the Cost of Attendance.
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