Private alternative loans

Alternative loans are private educational loans offered by banks and education lenders to fund education expenses. These loans are designed to help fill the gap between the financial assistance offered at NAU and the total cost of attending school. These loans are not need based and are not awarded directly by Northern Arizona University.  The funds are applied first to the student's outstanding balance and any remaining funds are disbursed directly to the student.

The actual amount a student or cosigner can borrow varies according to each student’s individual financial circumstances. Other variables include the institutional cost of attendance, financial aid resources and loan limits imposed by the lender. At no time shall the combination of your alternative loan amount and financial aid exceed NAU’s cost of attendance. Most alternative loan programs require that your school certify the amount you are borrowing. offers a comprehensive overview of private education loan programs

Private Education Loan Applicant Self-Certification Form