MSU College of Law

Borrow Wisely!

You are obligated to repay your loan regardless of whether you complete your education or find a job. Any amount you borrow will affect your credit and may affect your ability to borrow in the future. It is your responsibility to read, maintain records and contact your lender regarding any changes in your status.

Please note that the following chart has been prepared to give you a brief overview of some alternative loans available. Please read any alternative loan application you select completely. You must initiate an application with the lender you select. Most lenders allow you to apply online.

Private loans are available through the lenders listed below as well as Key Bank. In addition, information about the Graduate PLUS program, a new federal loan option, can be obtained at http://www.law.msu.edu/finaid/GradPLUS.html.

Private Loans can be riskier and ultimately more expensive than federal loans, including the GradPLUS. You may find the Business Week article here to be useful as you consider your options.