Private Educational Loans and Direct PLUS Loans should be considered as a last resort, but may be necessary to finance a college education. To learn more about these options, please review the comparison chart for PLUS and Private Loans. You can also visit our Searchable List of Private Loan Lenders.
Please follow these guidelines:
Before signing for the loan, please be sure you understand the interest rates and fees associated with your loan. The lender is required to provide you with several disclosures. Please read these carefully. Our ELMSelect website (www.elmselect.com) links to each lenders's website and will provide the disclosure information that you need.
You will also need to accept the loan as requested by the lender and complete a Self Certification Form before the loan is approved. Once your loan is approved and all requirements are met, the lender will contact the Student Financial Services Office. Please keep in touch with your lender throughout the process to ensure timely processing.
For helpful loan repayment calculators and other helpful resources, visit www.geneva.edu/object/financial_literacy.