Alternative loans are private loans designed to supplement other types of aid and financial resources needed to assist students in meeting the cost of attending college.

• Alternative loans should be considered only after all other low-cost financial aid resources have been exhausted (i.e., grants, scholarships, Stafford loans).
• Financial Aid Services strongly encourages all students to complete the FAFSA. Completing the financial aid application pprocess allows our office to evaluate eligibility for additional resources.
• Students may select any lender they wish to borrow from the Alternative loan program.  Please be sure to consider customer service, borrower benefits, repayment incentives, and undisclosed fees when deciding on a lender. Below are suggested lenders:
                           Suntrust
                           Wachovia/Wells Fargo
                           PNC
• HCC will process loan request  from any lender selected by a student as long as HCC is approved to certify loans with the lender/guarantee agency. Some lenders may have more manual processes and this can cause a delay in loan processing, approval, and disbursement. 
• Students and parents are encouraged to view the "Pay for College" web page to seek information on additional ways to pay tuition and fees.  

Consider these options first...

• Complete the "How to Apply" process
• Consider HCC Non-Need Based Scholarships
• Seek Private Scholarships
• Search for Other Scholarships