Exhaust all Federal grants and loans available to you before considering a private (alternative) loan. You may qualify for loans or other assistance under Title IV of the Higher Education Act (Pell Grants, Direct Loans, Perkins Loans, FSEOG Grants, Direct Parent PLUS Loans and Direct Graduate Plus Loans). The terms and conditions of Title IV, Higher Education Act program loans may be more favorable than the provisions of private education loans.
New Mexico State University in conjunction with Student Lending Analytics has provided a list of private loan options for undergraduates and graduates to serve students who need a focused and neutral resource for help in finding a private student loan. These lenders that appear below appeared most frequently during an analysis of private loan lenders used most frequently at New Mexico State University over the past 3 consecutive years.
Standard disclosures and comparison for each loan lender can be found by clicking on the link below.
NEW MEXICO STATE UNIVERSITY HAS RECEIVED NO CONSIDERATION FROM ANY LENDERS FOR PLACEMENT ON THIS LIST.
Placement on this list DOES NOT in any way constitute an endorsement from NMSU, NOR should it be construed as a preferred lender list. You are free to borrow from any lender of your choice. While NMSU has made every effort to confirm each of the lender loan terms described below through the website it cannot guarantee its accuracy. Furthermore, not all the lenders listed below lend to all students at all schools. The borrower should confirm any and all loan terms with the lender PRIOR to accepting the loan. Each lender’s position on the list is randomly determined. NMSU will update this page as necessary. The information provided below is subject to change without notice.