​​​Private loans are also an option for some students. Before you apply for a private loan, Ohio State recommends that you exhaust your eligibility for all federal forms of aid, including Federal Parent PLUS loans. 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. Learn more about selecting a private loan.

Be aware:

  • If you are attending non-consecutive semesters, you will need to apply for a loan EACH SEMESTER.

  • Once processed, only reductions and cancellations can be made. To make a change, please email Student Financial Aid Alternative Loans.

  • Students who want to cancel a disbursement of a private loan or cancel the loan entirely MUST submit a written request to Student Financial Aid Alternative Loans. The borrower must also notify the lender of the intent to cancel funds. ​