Alternative Financing Options

A number of private educational loans are available to students who need additional funding to cover tuition and fees and/or cost of living expenses. Several organizations offer private educational loan programs to students who meet certain eligibility criteria. Depending upon your credit score, a private loan may have a lower interest rate than a Graduate PLUS loan. On the other hand, private loans cannot be consolidated while the Graduate PLUS loan may be consolidated with your Stafford loans and qualify for several repayment options, including income-driven repayment plans. 

For a sample list of alternative financing options, visit www.elmselect.com/?schoolId=40&programTypeId=2 and view the Graduate Private Loan List. Lenders who are represented on the list appear simply because they have notified Lesley University that they offer private educational loans for the current academic year. Lesley University does not recommend any particular loan. You may review our Code of Conduct for legal information about lending relationships on our website. You are encouraged to widen your search to include your state of residence's lending agency, your local bank, or your local credit union to determine which product works best for you.