Families may wish to consider a private, credit-based educational loan to help fund remaining costs. Submission of a Free Application for Federal Student Aid (FAFSA) is not required to apply for a private loan, but the student usually must obtain a credit-worthy U.S. co-signer for the loan to be approved. Parents of undergraduate students may also borrow a private loan for their student's education. Dickinson recommends that families first consider other options, including the Federal Direct Student Loan Program and Federal Direct Parent PLUS loans, before taking out a private loan. Learn more about private educational loans.
Dickinson College does not provide a preferred lender list. Instead, we encourage students to visit Elmselect to review a detailed list of private lenders that students at Dickinson have used previously.
Before selecting a private lender, here are some good questions you should ask.
Eligibility
Will I need a cosigner?
Does this lender take my academic progress into consideration?
