General Information about Private Education Loans
Purdue University Northwest students may choose to borrow a private loan in addition to or in place of a Federal Direct Loan. The Office of Financial Aid does not recommend any particular lender. Students are encouraged to compare the differences between Federal and Private Loans and discuss federal student aid options before applying for a private loan.
Applications for private education loans or alternative loans are made by the student through a lender. Prior to disbursing a private loan the lenders are required to obtain a Private Education Loan Applicant Self Certification Form form from the applicant.