Alternative Loans & Other Loans

Alternative Loans:

Alternative Loans offer a quick yet competitive lending alternative to the federal loan process. Even so, Federal Stafford Loans and Perkins Loans are typically a better borrowing option long-term. Remember, alternative loans can effect your federal aid eligibility, so be sure an alternative loan is right for you. To find out more about applying for federal aid at FHSU, click here.

Interest rates and terms may vary among lenders that offer private/alternative education loans.  You have the right to select any lender you wish for an alternative loan.  Many lenders offer attractive terms and conditions which you can find by searching the internet.  The lenders on our Alternative Loan Lender List have been selected based on their competitive terms and conditions and the high quality of service offered.  Lender benefits can be compared by using the Education Loan Comparison Calculator at Click here.

• Refer to the Alternative Loan Lender List to select a lender and begin the on-line application process. Or if selecting a lender not on our established list, complete the application at that lender's Web site.
• After you complete the on-line application with a lender, the lender will electronically transmit, fax or mail an Alternative Loan certification request to FHSU. The Financial Assistance Office will process the certification according to eligibility rules established by the lender. The lender will transmit the funds to FHSU for disbursement on or after enrollment is finalized and all eligibility requirements are met.
• Excess Alternative Loan proceeds (after all university charges are paid) are credited to the student's Tiger Card, unless other arrangements are made with Student Fiscal Services.

Other Loans:

• Short Term Loans
• Drury Loans
• Computer Loans