Private Loans

Before you apply for a private loan, we recommend filing a FAFSA to exhaust your eligibility for federal aid (Unsubsidized Stafford loans and Grad PLUS).

The Ohio State University does not endorse any private educational loan lender or lending program. Borrowers may choose ANY eligible, participating lender regardless of whether it appears on our lender list. To make the process of comparing lender information easier, we recommend using FASTChoice: a loan comparison tool that assists borrowers in deciding on a private loan that is best suited for their needs. Please review lender information carefully and check with the lender if you have questions or concerns. For more information, please visit the Student Financial Aid website.

The Ohio State University selected these lenders to be on the FASTChoice lender list for the following reasons:

  • History of good customer service for borrowers and staff of the university
  • Longevity and stability in private loan lending
  • Easy online application process
  • Funds are sent electronically via EFT (Electronic Funds Transfer)
  • Competitive rates and terms
  • Bar study loans are considered private educational loans

The Ohio State University Student Financial Aid Office reserves the right to add or remove any lending agency from the list at any time. The lender list will be reviewed periodically and feedback from students will be taken into consideration when reviewing this list.

Use the following dates for the 2014-2015 Academic Year
For a private loan for: Apply by:
May session
March 15, 2014
Summer Semester only
May 1, 2014
Fall Semester only
July 1, 2014
Spring Semester only
November 15, 2014
Summer, Fall, Spring Semester
May 1, 2014
Fall and Spring Semester
July 1, 2014

Students are strongly encouraged to obtain a copy of their credit report to identify any inaccuracies or potential problems that would affect qualifying for a private loan. A free copy of your credit report may be obtained from any of the following credit bureaus once a year: Experian (1-888-397-3742), Trans Union (1-800-916-8800), Equifax (1-800-685-1111).

For more information, please visit the Student Financial Aid website.