How to Apply for a Private Education Loan

Many students have used Private Education Loans as low cost financing options to help cover the cost of their education. There are many lenders that offer private education loans. Students have the right to select any lender that has alternative loans. IWU will process any loan through any lender of the student's choosing. IWU chooses not to recommend lenders to students to allow students the flexibility of using the lender that best fits their needs. Students are encouraged to shop for the right loan for them. To complete a private education loan application, students should either apply online or contact the lender directly.

Historically, over the past 3 years, students have obtained loans from the following lenders. This list is not all encompassing and students are encouraged to find their best option when using financing. Students are encouraged to read all terms and conditions before applying for a private loan. The lenders in this list appear in alphabetical order. Some lenders may not be on our lender list because they do very few loans for our students and we have insufficient information on their ability to lend to students.

 


Lender

Website

Baxter Credit Union

www.bcu.org/StudentLoans

CEFCU

www.cefcu.com

Charter One Bank

www.charterone.com

Citibank

www.studentloan.com

Commerce Bank

www.commercebank.com/money101

cuScholar Private Student Loan

www.custudentloans.org

Discover

www.discoverstudentloans.com

Edamerica

www.edamerica.net

Fifth Third Bank

www.53.com

Fynanz/LendKey

www.lendkey.com

IH Mississippi Valley Credit Union

www.ihmvcu.org

Meadows Credit Union

http://www2.cology.com/

Midwest Bank of Western Illinois 

http://www.slfc.com  

Motorola Employees Credit Union

www.mecu.studentchoice.org

National Education

www.borrowers.nationaleducation.com/StudentLoans

PNC Bank

www.pnconcampus.com

Polish and Slavic Federal Credit Union

www.en.psfcu.com/Student_Loans

RBS Citizens Bank, NA

www.citizensbank.com

Regions Bank

www.regions.com/studentloans

Sallie Mae

www.salliemae.com/iwu

Union Federal Private Student Loan

www.unionfederalstudentloans.com

Wells Fargo Bank

www.wellsfargo.com/student


***Students must complete and submit the Self-Certification form to their lender to finalize their loan. Students will receive this form from their lender. ***

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