Private loans are used to bridge the gap between what you have been awarded in federal aid and any remaining balance. These loans usually have higher interest rates. Students (or cosigners) must have a good credit history to obtain alternative loans. Most loan programs will allow students to apply with a credit-worthy cosigner. For more information, check out the lenders and programs listed below.

This is a list of suggested lenders; however, borrowers may choose to have their
loan(s) processed through any participating lender of their choice. If you wish to have a loan processed through another lender, please contact Senior Financial Aid Counselor Dawn Graviss at dgraviss@bellarmine.edu or by calling (502) 452-8124.

To apply for a loan or for more information about the loan program, click on the name of the bank listed below.

U.S. Bank

• Loan: U.S. Bank No Fee Education loan
• Enrollment requirement: can be less than half-time
• Available for degree-seeking or non-degree seeking students
• International students can apply with an eligible cosigner
• Available for students who do not meet satisfactory academic progress requirements
• Can be used to cover prior semester balance

Wells Fargo

• Loan: Wells Fargo Collegiate Loan
• Enrollment requirement: can be less than half-time
• Available for degree-seeking or non-degree seeking students
• International students are eligible to apply with a cosigner that is U.S. citizen
• Available for students who do not meet satisfactory academic progress requirements
• Can be used to cover prior semester balance (up to one academic year)

PNC Bank

• Loan: PNC Solution Loan
• Enrollment requirement: can be less than half-time
• Available for degree-seeking or non-degree seeking students
• Available for students who do not meet satisfactory academic progress requirements
• Can be used to cover prior semester balance

Discover

• Loan: Discover Bank No Fee Education loan
• Enrollment requirement: can be less than half-time. At least half-time is required for loan deferment.
• International students are eligible to apply with a cosigner that is U.S. citizen
• May be used to cover prior semester balance
• Non co-signor and co-signor options available
• 2% Graduation Reward upon entering repayment
• 0.25% repayment interest rate credit when payments are set up for automatic debit from a bank account

Chase

• Loan: Chase Select Private Student Loan
• Enrollment requirement: can be less than half-time
• Available for students who do not meet satisfactory academic progress requirements
• Can be used to cover prior semester balance
• No origination or repayment fees
• No payments while in school

Edamerica

• Loan: Xtra Credit Alternative Loan
• Available for students who do not meet satisfactory academic progress requirements
• Can be used to cover prior semester balance

Suntrust

• Loan: Academic Answer
• International students are eligible to apply with a cosigner that is U.S. citizen
• Available for students who do not meet satisfactory academic progress requirements

Sallie Mae

• Loan: Sallie Mae Smart Option Loan
• Enrollment requirement: can be less than half-time.
• International students are eligible to apply with a cosigner that is U.S. citizen
• May be used to cover prior semester balance
• 0.25 % point interest rate reduction is available for automatic debit
• 0.25 % point interest rate reduction is available if the borrower provides a valid email address and elects to receive all servicing communications via e-mail
• Borrower may apply for a cosigner release after successful completion of their education
• Upromise benefits available at www.upromise.com
• This loan requires monthly interest-only payments while student is enrolled in school

Fifth Third

• Loan: Sallie Mae Smart Option Loan
• Enrollment requirement: can be less than half-time.
• International students are eligible to apply with a cosigner that is U.S. citizen
• May be used to cover prior semester balance
• 0.25 % point interest rate reduction is available for automatic debit
• 0.25 % point interest rate reduction is available if the borrower provides a valid email address and elects to receive all servicing communications via e-mail
• Borrower may apply for a cosigner release after successful completion of their education
• Upromise benefits available at www.upromise.com
• This loan requires monthly interest-only payments while student is enrolled in school

Regions

• Loan: Sallie Mae Smart Option Loan
• Enrollment requirement: can be less than half-time.
• International students are eligible to apply with a cosigner that is U.S. citizen
• May be used to cover prior semester balance
• 0.25 % point interest rate reduction is available for automatic debit
• 0.25 % point interest rate reduction is available if the borrower provides a valid email address and elects to receive all servicing communications via e-mail
• Borrower may apply for a cosigner release after successful completion of their education
• Upromise benefits available at www.upromise.com
• This loan requires monthly interest-only payments while student is enrolled in school