Alternative Student Loans
Private student loans are generally more costly than federal loans and may be available to both students and parents who need assistance beyond their federal and state financial aid eligibility. The university does not endorse a particular lender and encourages that a private loan only is considered after all federal and state financial aid options have been exhausted. Private loans are made by private lenders and are subject to higher fees, interest rate, credit review, and other individual terms and conditions. These loans are not subsidized or guaranteed by the federal government. Click here for more information on the difference between federal and private loans.
Meritize
Meritize knows you are more than your credit score. Meritize believes your past achievements are an important indicator of your potential. That’s why Meritize looks beyond FICO and uses your previous academic, military, and work achievements to enhance your credit evaluation and potentially improve your loan options. For more information, contact the University of the Potomac financial aid staff at 888-635-1121 or email us at studentfinancialservices@potomac.edu. You may also learn more by visiting the Meritize website.
MPOWER
MPOWER can provide students enrolled in the University of the Potomac programs a financing service allowing domestic and international Participants residing in the US to borrow –without a co-signer– between $1,800 and $25,000 to be applied towards tuition and fees. For more information, contact the University of the Potomac financial aid staff at 888-635-1121 or email us at studentfinancialservices@potomac.edu. You may also learn more by visiting the MPOWER website.
Sallie Mae
Get a Smart Option Student Loan® for Undergraduate and Graduate Students to help pay for college. Choose an interest rate type and student loan repayment option that works for you. For more information, contact the University of the Potomac financial aid staff at 888-635-1121 or email us at studentfinancialservices@potomac.edu. You may also learn more by visiting the SallieMae website.
