Private Loans

You may choose to apply for a private loan in addition to or instead of a federal loan. These loans are based on credit and may require a co-signer or co-borrower.

Need-based Aid: No

Award Amount: Up to the cost of attendance

This aid is for All Students

Enrollment Requirements: Part-time and full-time

Application Form/Instructions:

The financial aid office at Lynn University reviews the institution’s preferred private lender list annually. The university is required to exercise a duty of care and duty of loyalty to compile the preferred lender list, without prejudice and for the sole benefit of the students and their families. We will not deny or otherwise impede the borrower’s choice of a lender for borrowers who choose a lender that is not included on the preferred lender list. We are committed to removing financial barriers for those who wish to pursue postsecondary education, but we also want to ensure that the student has explored all other potential sources of aid and caution the student to borrow the minimum amount needed. Students may qualify for federal student loans or other federal aid programs. The terms and conditions of a federal student loan may be more favorable than the provisions of private educational loans. Please view a sample of available private lenders below:

These lenders are placed in alphabetical order. These lenders exhibit favorable terms and conditions or provisions that are in the best interests of the borrowers, including:

  • Payment of origination or other fees on behalf of the borrower,
  • Highly competitive interest rates, or other terms and conditions,
  • High quality servicing for such loans, or
  • Additional benefits beyond the standard terms and conditions or provisions for such loans

All lenders listed are not affiliated with each other. Students may refer to the financial aid handbook for maximum amount of Federal Student Aid, grant and loan aid availability.

The university will provide the information required to complete the Private Loan Self-Certification Form upon the requested application. The information required can include: applicant’s cost of attendance, estimated financial assistance, and the difference between the cost of attendance and estimated financial assistance.

The university, upon the request of the applicant, will discuss with the applicant the availability of federal, state and institutional student financial aid.

The University prohibits any agent or employee of a lender from staffing the financial aid office at any time. Remuneration for recommending any lender or for participation on any financial aid advisory board is also prohibited.

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