Private loans are an option for additional funds.
Private loans offer you a higher loan limit than Federal Direct Loans but are still limited by the student budget. Keep in mind that private loans may carry a higher interest rate, require a cosigner, and/or require a credit check.
We recommend that you accept Federal Direct Loans first. If needed, you can request a signature or private loan.
Learn more about the private loan process below.
Self-Certification Form
The federal government requires private lenders to collect a before processing a private loan. The form is designed to inform you of other sources of financial assistance and federal loan options. Additionally, the form collects your cost of attendance and expected financial assistance at UL Lafayette. This information will be used by the lender as part of the eligibility determination process.