Alternative student loans offer families another option to finance their educational costs. These programs typically have higher interest rates and more stringent lending criteria, such as requiring creditworthiness and possibly a cosigner for the student loan. With more than 200 alternative student loan programs, your school’s financial aid officer can be an excellent resource to help you find a program that is right for you.

CSLF’s own program, Solutions Alternative Loan, offers students a way to pay for education expenses with flexible repayment options including interest only payments or deferred payments until after graduation. Qualifying students need to be a U.S. Citizen or permanent resident, creditworthy and have a positive credit history. Click here for more information.