Alternative Private Loans
BCCC does not recommend or endorse any particular lender and suggests that students perform a thorough review of all lenders before making a choice. We strongly encourage students to borrow Federal loans first as they offer better benefits and interest rates. Interest rates on private loans are significantly higher than Federal loans.
Simple Tuition has launched a private loan comparison website at http://www.certifiedprivateloans.com/ which may be used to compare loan information from various lenders. Students should be aware that these lenders will perform credit checks and may require a cosigner for the loan.
Independent students may borrow up to $14,553/year less any financial aid received. Dependent students may borrow up to $9,558/year less any financial aid received.
Students cannot exceed the cost of attendance minus any financial aid received whether they borrow Federal loans or alternative private loans.