Private Loans
Additional Financing Options
Traditional financial aid (scholarships, grants, and federal student loans) helps many students pay for school, but it often does not cover all education-related costs. Students not eligible for federal financial aid typically fund their own studies or borrow through a private education loan.
Students who are not eligible for federal financial aid include:
- Students enrolled in a certificate program
- Students enrolled in non-matriculated status
- Students enrolled in less than half-time status
- International students
What is a Private Education Loan?
A private educational loan is a credit-based consumer loan that can be used to pay any education-related expenses, including tuition, fees, and books. Many financial institutions offer private educational loans.
For more information on Private Education Loans, visit:
After the certification has been provided, the lender will issue a disclosure statement detailing the loan agreement. If you request to borrow an amount that exceeds eligibility, Drexel will reduce the requested amount to comply with federal guidelines.
