Alternative or Private Loans are designed to supplement federal, state, and institutional financial aid. Borrowers must be credit worthy, and may require a co-signer. Loan programs vary widely. It is suggested that you wait to review your financial aid award before applying for any of these loans.
The Private Loan Marketplace is a tool that can aid you in selecting a private educational loan. This website allows you to compare private loan terms and rates side-by-side. The website will give you an overview of loan options before requesting an application and credit check. The application and credit check will occur once you select the loan of your choice. Please see our Lender Selection Criteria for information on how lenders are chosen for the Private Loan Marketplace.
Occidental College has adopted a Code of Conduct with respect to student loans which applies to all employees in the Financial Aid Office and anyone else at the College who has any responsibilities with respect to student loans or the selection of preferred lenders for student loans.