Alternative Loans: Common Eligibility Requirements
Requirements vary according to lender; however, some of the most common eligibility requirements are:
- Undergraduate or graduate student in a degree or certificate program.
- Enrolled at least half-time (4 hours if you are an undergraduate and 3 hours if you are a graduate).
- Creditworthy borrower or borrower with a creditworthy cosigner.
- U.S. Citizen, permanent resident, or eligible non-citizen.
- Not required to meet Satisfactory Academic Progress requirements.
For additional information see:
