The MLC Financial Aid Office encourages students to consider alternative loans only when their awarded financial aid (Direct, Perkins, scholarships) as well as other sources, such as work and savings, are not sufficient in paying for tuition. The suggested options are:
These lenders were selected for their variety of loan options with competitive interest rates. MLC has worked with these lenders in the past, and previous borrowers have had positive experiences working with them.
MLC suggests only those lenders who provide our students with exceptional customer service, incentives, timely processing and electronic funds transfer capabilities when possible.
MLC annually reviews the lenders presented for consideration to ensure the benefits that the lenders offer continue to adhere to MLC’s criteria. Lenders who no longer adhere to these criteria are removed, and new loan options are added. No fewer than two lenders will be presented at all times.
APPLY FOR A SELF LOAN, DISCOVER OR WELLS FARGO ALTERNATIVE LOAN at our FastChoice web site.
Students are free to select any lender they choose, including those not listed here.
MLC will not delay application processing unnecessarily if an unlisted lender is selected.