Outside Loans

Loans are sources of funding that allow you to spread the cost of your education over time. Loans are available from various sources, including federal and state governments, the University, and private lenders. As you progress toward your degree completion, the amount of annual loan eligibility typically increases.

When you take out a student loan, you must pay it back — even if you do not complete your education.

ELMSelect makes comparing private student loan options simple and transparent. Students can review lenders side-by-side, compare key details like interest rates, repayment terms, fees, and borrower benefits, and use built-in tools to estimate monthly payments—all in one place. By giving students a clear, unbiased view of their options, ELMSelect helps them make informed borrowing decisions that best fit their financial needs and long-term goals.

Some loans are disbursed in the form of a check which you endorse and use to pay any charges you owe the University. Other loans are credited to your student account after you complete a promissory note and any other required documents. Your loans may be canceled if you don’t endorse your loan checks or complete the required documents.

Fast Choice is another option available to allow students to compare many loan and lender options.

Sparrow  allows you to search and compare private loan offers from different private lenders through a single application. Think of Sparrow as an Expedia for private student loans. Sparrow allows students and families to check real rates for 15+ student lenders in one application.