Alternative loans can be obtained for the total cost of attendance at Trinity College minus any financial aid that the student may receive.  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, but a credit check will be performed on the student and the cosigner.  The interest rates for alternative loans are usually based on the 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.

There are a number of alternative loan programs that you may borrow from.  We have listed a sampling of lenders below for you to view. Generally there are no loan fees incurred when obtaining an alternative loan and in some cases the cosigner can be released after a set number of on time payments have been made.

This list will enable you to compare and contrast the different loan programs to assist you in selecting a loan that best fits your needs.  Please note: that you are not required to use the lenders we have listed, and students and parents have the right and ability to any lender of their choice.  For information on the lender selection process and criteria click here.             

Chase Select 

www.chaseselectloans.com

CitiAssist Loan (Citibank)

Citizens Bank

www.citizensbank.com/trufitstudentloan/

Sallie Mae (smart option)

Wells Fargo

www.wellsfargo.com/undergrad/collegiate