Guidelines and Tips

Considering a loan to cover your college expenses? If you must borrow, we advise you and your family to fully utilize federal educational loans and Furman’s tuition payment plan before borrowing from a private or alternative lending program.

Once you have determined your eligibility for federal educational loans, you may decide to pursue a private alternative student loan. Be sure to compare lenders and their terms before choosing the right loan for you. We cannot endorse a lender, so it is up to you and your family to find the best option for you.

Keep in mind that all private educational loans not certified by Furman must be reported to the office of financial aid so that we can account for that funding in your financial aid package. If you have any questions or concerns, contact the office of financial aid.