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St. Cloud State University

St. Cloud State University

Office of Scholarships and Financial Aid
Types of Financial Aid

Private Loans

Eligibility for private loans is based on the credit worthiness of the borrower and/or co-signer. There are federal student loan programs that may have more favorable terms and conditions than private educational loans. An Estimated Budget Worksheet is available to assist you in determining the amount you might need to borrow.

St. Cloud State University has certified private loans in the past three years for the following lenders. The list order is based on the number of loans certified (highest to lowest) and is updated in February of each year. St. Cloud State University does not endorse any one lender. By clicking on the name of a lender you will leave the St. Cloud State University web site.  Please contact the lender(s) for information regarding terms and conditions or to apply for a loan.

*Credit unions may have additional membership requirements.


Under the Truth-in Lending Act rules, private education loans are subject to self-certification, three consumer disclosures at specific times in the application process, and a three day delay in disbursement. Due to the number of steps involved in the private loan application process, applicants should allow a minimum of 3 weeks for processing.

Neither St. Cloud State University nor its employees receive benefits or remuneration as a result of your choice of lender.  You may choose a lender other than those appearing on this list.  See our Student Loan Code of Conduct for additional information.

This information is intended to be accurate, but the publisher does not assume liability for errors or omissions. 

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