Alternative Loans

An alternative student loan (also referred to as a private or outside student loan) is not a federal student loan, but one through a private bank or other lending institution. Alternative loans are based on credit eligibility and may have interest rates, repayment terms, and deferment options that are less favorable than those of the Federal Direct Subsidized and/or Federal Direct Unsubsidized Loan.

A list of alternative loan lenders is available for review at the Fast Choice link provided below. Notification of your approved loan application will be sent to Kentucky State University via email from your selected lender.

For more information regarding Alternative Educational Loans, please visit Fast Choice.

C.E. Schell Foundation Loan

The Schell Foundation loan is a 0% interest loan that helps to cover unexpected expenses that would prevent a student from completing their education. Students who are eligible may receive up to $10,000 per academic year ($5,000 per semester). For more information regarding the Schell loan and eligibility requirements, click on the link below.

schell application - Apply Today!