A student may apply for an alternative loan from a number of lenders. Payments can typically be deferred until six months after graduation (just like the Federal Stafford Loans) and applications are most frequently completed online. If a surety is needed, a screen will pop up and inform you what steps to take next.
Steps to Alternative Student Loan Application
Review your award letter to determine how much you will need to borrow. The maximum amount you can request is located next to the PLUS/Alternative Loans section of your statement of award.
Choose a lender and select Apply Now to begin the alternative loan application process and complete a Master Promissory Note (MPN).
Lender Code: 807176
2013 Wells Fargo Application Disclosures »
Wells Fargo Rates (PDF)
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Lender Code: 900905
Sallie Mae Rates (PDF)
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*Beyond the recommended lenders listed above, a wide variety of loans and lenders are available. Students and families are welcome to search, compare, and select the lender of their choice.
*Lenders are subject to change their terms and/or rates at any time. While Meredith College attempts to keep the information represented in these tables as accurate as possible, it is the borrower's responsibility to investigate the current benefits, fees, and terms of each lender prior to applying for a loan. Meredith College cannot be held responsible for any changes made by a lender that are not reflected in this comparison.
*Payment for tuition and fees is due in advance of the semester.
Fall semester statement dates
July - following student pre-registration. Payment is due in full August 1.
September 1, October 1 - for charges incurred after the previous statement, due upon receipt.
Spring semester dates
November - following student pre-registration. Payment is due in full December 1.
February 1, March 1 - for charges incurred after the previous statement, due upon receipt.
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