• About
  • Alternative and private educational loans go through commercial lenders
  • Alternative loans may be used as a source of financial aid in addition to Eureka College, state, and federal assistance
  • These loans are subject to credit analysis and usually require a co-signer
• Expenses and Other Options
  • Since federal loan programs are typically less expensive than private loans, students should consider alternative loans last
  • Other financing options include a home equity line of credit, which may have tax benefits for some families, or another type of collateralized loan
• You may want to discuss all of these options with your financial advisor

Eureka College does not have a preferred lender list and has not entered into a preferred lender arrangement with any lender.

 Please visit our Alternative and Private Loan page for more information.