Alternative Loans

To assist you in making the best choice in a lender we encourage you to click on the SimpleTuition link at the end of this page. SimpleTuition is an independent technology company that provides a web-based student loan comparison platform. You can compare lenders for overall cost, interest rates, front and back end repayment incentives, and more. Please understand you are not required to use this online option. The selection of a student loan provider is entirely your choice.

• For undergraduates who do not qualify for loans through the federal loan programs, alternative loans are available by exception only. We advise undergraduates to speak with a Financial Aid Officer to obtain approval before applying.
• We encourage students in the graduate and professional school programs to read the information about Graduate PLUS and Alternative Loans to compare the variables between the programs.
• This Loan Comparison Chart is designed to help you to consider the significant variables when choosing between the Grad Plus Loan and Alternative Loans. An Alternative Loan may be less expensive depending on your credit score and whether the variable interest rate will increase before you complete repaying the loan. It's always best to apply for the most appropriate loan for your personal credit rating.

Feel free to contact the Financial Aid Office with any questions you have about applying for Alternative Loans.

Graduate Financial Aid Staff

gradfinaid@ucdavis.edu