An alternative education loan, or private student loan, is a student loan that is made by a private lending institution such as a bank or credit union. These loans are credit-based, meaning the lending institution would require the credit approval of the borrower and co-borrower (if applicable). These loans can be used to pay for education-related expenses (up to Cost of Attendance minus other aid received) for a specific academic year or term of enrollment. Please note that loan interest rates, conditions, and eligibility requirements will vary by lender.

Be advised that private student loans are generally more expensive than loans borrowed through the federal government, so it is recommended that students and families that are eligible for federal aid pursue and exhaust all federal loan opportunities (such as Federal Direct Loans or Federal PLUS Loans) before turning to a private lender. Eligible students and families should always start the financial aid process by filling out a Free Application for Federal Student Aid (FAFSA) to help determine federal grant and loan eligibility prior to applying for any private student loans.

Harrisburg University does not have a preferred-lending list for private student loans, meaning we do not have any established agreements with private student loan lenders. However, we understand you may need assistance in locating potential private lenders. We have therefore provided a historical list below of lenders that Harrisburg University students have utilized in prior years. Students and parents can borrow from any lender on this list. Be advised, we do not endorse any specific lenders listed nor do we accept any payment from these lenders to be included on this list. You are also not limited to lenders on this list; you are free to apply with any eligible private student loan lender even if not listed.


International Students: Please be advised that not all lenders listed above lend to international students. For those that do, a cosigner who is a U.S. citizen or permanent resident will likely be required.

Finally, please do not hesitate to contact our office if you have additional questions regarding private student loans. Our email is financialaid@harrisburgu.edu, or you may call either 717-901-5115 or 717-901-5100 ext 1672.