Private loans are available for students who are not eligible for federal education loans. Check with your local banks or credit unions.
Harvey Mudd College students have taken out a number of private education loans (PDF) in the past four years. Harvey Mudd students are not required to select a private loan from this list. Students can choose to use any private loan of their choice.
According to Truth-in-Lending Act requirements, private education lenders are required to provide prospective borrowers with private loan disclosures before they take out a private loan. These private loan disclosures will disclose to prospective borrowers basic information about loan terms and possible costs.
Below are samples of private loan disclosures: