Alternative Loans

Private Student Loans

IMPORTANT: Only look for alternative loans after you have exhausted all potential scholarships, federal grants, work-study funds, and federal loan programs (Perkins, Federal Direct Stafford, Federal Direct PLUS). Federal student loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based repayment and income-contingent repayment plans, and loan forgiveness benefits, which other student loans are not required to provide. Federal direct loans are available to students regardless of income. In order to determine federal eligibility, you should apply through the FAFSA.  The links below are intended to provide students and their parents with the tools they need to make the best decision in evaluating alternative loan options.

CMC utilizes a system called ELMSelect as a student financial aid lender comparison resource.  This resource gives borrowers the opportunity to view different loan types and preferred lenders, and to also evaluate, compare and select a lender that best fits their loan needs.  ELMSelect also provides an additional comprehensive neutral list of lenders to provide an even greater choice of options. Begin your lender selection process.


Search for private student loans using Simple Tuition student loan comparison tools.