University of St Thomas
Private Lending for Higher Education
FASTChoice provides you detailed information for various private loans, as well as the terms and benefits offered by different lenders.
Effective February 14, 2010, federal regulations require lenders to provide multiple loan disclosures to borrowers, a Student Self Certification Form as well as an additional period for borrowers to decline the loan once it has been approved. These new regulations will add significant time to loan processing and fund disbursement so it will be necessary to allow plenty of time when considering private loan options.