Private loans are designed to assist students and their families meet the cost of attendance not met by other types of financial aid or personal resources. Before you apply for a private loan, Ohio State recommends researching all Title IV federal forms of aid, including PLUS loans, as they may be more favorable to borrow. A private loan can be awarded up to the cost of attendance minus any other financial aid you have already received. Loan approval is generally based on credit worthiness and ability to repay.

Selecting a private loan

Ohio State does not promote or endorse any private educational loan lenders. FASTChoice is a loan comparison tool that assists borrowers in selecting a private loan. Please review lender information carefully and contact the lender with questions. FASTChoice lists several of the loan companies from which our students have chosen to borrow during the previous aid year.

Important notice!

  • Plan accordingly: Allow 3 to 4 weeks for loan processing, certification and receipt of funds.

  • You will need to apply for a loan each semester if you attend non-consecutive semesters.

  •  Once your loan has been processed, requests for reductions and cancelations can be made by emailing Student Financial Aid Alternative Loans.