DIVISION OF STUDENT FINANCIAL AID

Alternative Loans  _{Common Eligibility Requirements}

Requirements vary according to lender.  However, some of the most common eligibility requirements are:

1. Undergraduate or graduate student in a degree or certificate program.
2. Enrolled at least half-time (4 hours if you are an undergraduate and 3 hours if you are a graduate).
3. Creditworthy borrower or borrower with a creditworthy cosigner.
4. U.S. Citizen, permanent resident, or eligible non-citizen.
5. Not required to meet Satisfactory Academic Progress requirements.

 For additional information see:

What You Should Know
Alternative Loan Lenders
Procedures for Louisiana Tech University