Apply for a Private Loan

You may conduct your own research for private student loans with any lender, bank or credit union. Many lenders offer an online application. You may also use the following resources to find a lender:

  • The FASTChoice Lender List provides a list of lenders, information about interest rates and more, as well link to the online loan application available on the lender's website.

The student may borrow an amount up to the cost of attendance minus any other financial aid. If you apply for a loan to cover all academic year's cost, the loan will be split evenly between Fall, Winter, and Spring terms. 

Processing Time

  • We highly recommend borrowing a private student loan over all terms of academic year enrollment rather than reapplying for an individual loan each term. 
  • Please allow 3-4 weeks for processing, certification, and receipt of funds.
  • The loan will not appear on your financial aid until the lender has confirmed credit approval, sent a certification request to Lawrence University, and the school has certified the loan.