Are there other loan products out there?
Yes, there are private loans. Your local lender may be able to provide a private loan. Be sure to receive a disclosure statement showing costs as the interest rates may be based on libor plus points and may fluctuate at a higher percentage than fixed-rate loans. The rate you pay is based on your credit score. MiSPP does not participate in the Perkins loan programs.
Posted in: Financial Aid FAQs