Alternative Loans (Non Federal Student Loans)
Alternative loans can be obtained for the total cost of attendance at Trinity College minus any financial aid awarded to the student. An alternative loan is in the name of the student, usually with a credit worthy co-borrower. A FAFSA is not required to obtain an alternative loan. The interest rates for alternative loans are usually based on Prime or LIBOR rates and interest begins to accrue once the first disbursement of the loan is made. The repayment of principal and interest can be made while the student is still enrolled or can be deferred until the student leaves Trinity College. Interest will accrue regardless of whether or not payments are made during the in school period.
For alternative lenders, please visit http://www.studentlendinganalytics.com/alternative_loan_options.html