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Financial Aid

 Private Loans and Lenders


Private loan applications may be completed by the student or parent, and must be completed annually. These loans are credit-based, and the approval criteria is established by the lender.  The borrower can choose and NSU will process private loan applications from any lender. The Financial Aid Office provides a list of lenders as a resource for NSU students and their families.

NOTE: Most private education lenders require a cosigner for undergraduate students. The cosigner should be someone with good credit history.

Private loan lenders that NSU students/parents recently borrowed from:

 

   
IMPORTANT: 

Effective February 14, 2010 all students are required to submit a self-certification form to their lender, if borrowing a private loan, prior to NSU receiving a request to certify the loan.

 This is a new federal requirement under Regulation Z-§226.48 (f). For additional information visit  FDIC Law, Regulations, Related Acts .

Your lender should also provide you with these requirements.

 

 
     

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