Private education loans are made through private lending institutions and are not part of federal loan programs. We encourage you to first look into federal loan programs before applying for a private loan. If you are ineligible for federal government loans or have already exhausted government sources, private loans can help offset the difference between educational expenses and federal loans. There are many private loan options and it is to your benefit to research and find the loan that best meets your specific needs. Please remember that final approval for your loan resides with your lender and not the University of South Carolina - Columbia.

Why should I take out a private loan?
Your expenses are greater than your current financial aid awards.
You don't qualify for traditional loans and/or grants.

How do I apply for a private loan?
Choose a lender from the list below and follow instructions on-line or provide us with the application from your lender of choice.

How do I receive my loan money?
Your lender will send your loan funds to the Student Loan Accounting and Check Disbursement Office, which is located in Room 207, Petigru.  All available funds must first be used to pay any university charges.  Any remaining funds will be issued as an overage, which will be mailed or directly deposited according to your choice.

If you have received a private loan before, we recommend that you continue to borrow through that lender.

Apply Online:

These are only recommended lenders, and you are not limited to these options. If you choose to use another private loan source please be sure that you indicate that you plan to attend the University of South Carolina - Columbia.