Alternative Student Loans
Contact
Financial Aid1600 Grand Avenue
Saint Paul, MN, 55105, USA
(Mailing Address)
651-696-6214
800-231-7974
651-696-6866 (fax)
financialaid@macalester.edu
Student loans that are not part of the Federal Student Aid program are often referred to as “alternative,” “supplemental,” or “private” loans.
We recommend that students first apply for financial aid before considering an alternative loan. Most students who apply for financial aid may participate in the , even if they do not qualify for financial aid. Please review federal loan options including the parent Direct PLUS Loan before pursuing an alternative loan.
To assist you in your search for an alternative loan, we have compiled a in the past three school years. This list contains a summary of the various loan products available from each lender and includes a comparison tool.
Your lender will ask you to complete a Self-Certification form. The Self-Certification form will be provided by your lender. Please be sure to respond to the request for the Self-Certification form and all disclosure statements in order to avoid delays in delivery of your loan funds.