Alternative and Private Loans

Winter Weather Campus Update

Due to the winter weather forecast for Cobb County and the surrounding areas, 快猫成版视频 will move to modified operations on Friday, January 10 and Saturday, January 11. All classes and activities are cancelled in-person, and faculty are responsible for remote instructional continuity. Students should refer to course syllabi or D2L for details on how learning will continue during Modified Operations. All online classes will continue as scheduled. Visit kennesaw.edu/emergency for more information.

What is a Alternative and Private Loan?

Please Note the following items regarding alternative/private loans

A student must be maintaining at least one component of Satisfactory Academic Progress to receive an alternative/private loan.
Alternative/Private loans do not authorize and will disburse when the funds are released to KSU, but no earlier than the . This means that alternative/private loan information will not show as your estimated aid on your Bursar Office account (Student Account Suite).
You should allow 4-6 weeks for an alternative loan to be processed and for funds to be received at KSU. To find out the date your loan funds will be released to KSU, please contact your lender.

Private student loans are different from federal student loans in that they are not guaranteed by the federal government, require a credit check, and often a co-signer. Terms and conditions vary significantly by lender. Carefully consider your needs, and then select a loan product that best meets your individual situation.

When researching private loans, you should pay close attention to the borrower benefits, fees, interest rates, and repayment options. To calculate the interest, lenders use the , , or the .

You may also read the KSU Student Loan Code of Conduct. This Code of Conduct prohibits conflicts of interest in situations involving student loans and to establish standards of conduct for employees with responsibility for student financial aid.