Southern Illinois University Edwardsville Logo
Apply to SIUE
Financial Aid
Financial Aid
Institutional Header

Pharmacology Alternative Loans:

SIUE has a list of commonly used lenders for you to consider. These lenders were chosen for their good service to our students and their great repayment benefits. We will, however, process any loan application from any lender the student chooses; students and parents are ALWAYS allowed to choose their lender.

  • Due to recent legislative changes, beginning Feb. 14th students applying for a private educational loan will be required to complete the Private Education Loan Applicant Self Certification Form, available through your lender or download the form here. This form must be completed and returned to your lender before any disbursements will be released on your loan. Information regarding the total cost of attendance can be found by logging onto cougar net. You will need this information to complete the form.

To apply with one of our commonly used lenders, please select ONE lender from the list below.
Remember: students and parents are always allowed to choose their own lender.

Terms
& Conditions
salliemae
Interest Rate

Variable Prime +0 to 3.50%
Fixed 6.74% to 9.49% APR

Variable: As low as 3.18% - 7.79%

Fixed: As low as 6.21% - 9.10% APR

Variable 2.25% APR to 7.27% APR
Fixed 5.74% APR to 8.56% APR
Annual Max:
Cost of education less aid
Cost of education less aid
Cost of education less aid
Aggregate Max:
$180,000
$180,000
$200,000
Enrollment:
Full-time
Half-time
or Less than half-time for summer or last term.
Full-time, half-time, or less than half-time
Full-time, half-time, or less than half-time
Can also be used for qualified prior term balances at the school
Origination Fee:
Zero
Zero
Zero
Repayment Begins:
9 months after graduation / separation
6 months after graduation / separation
6 months after graduation / separation or make payments while in school to save even more.
Fees at Repayment:
None
None
None
Repayment Period:
20 years
15 years
5-15 years
Interest Capitalization:
At repayment
At repayment
At repayment
Co-signer Required:
Not required however may improve the loan terms
Most students will require a co-signer
Not required however may improve the loan term.
Disclosure Statement:

Statement

Statement

Statement

Apply

Apply Online

                       Apply Online
Must be at an eligible 4-year college or university such as SIUe.