Art Academy of Cincinnati

Welcome Art Academy Students.

If additional funding is necessary, lending organizations can also provide additional loan funds. It's important to note that Alternative Loan Program features are different than the Federal Loan Programs and may not offer the same terms and conditions, and the interest rates and repayment terms may not be as attractive as the Federal Programs. Before receiving an Alternative Loan, the student should borrow through Federal Loan Programs first, then determine if additional funds need to be borrowed through an Alternative Loan Program.

Alternative Loan Lenders

Lender Information
Minimum Annual Loan Amount
Features


(Undergraduate Private Loan)
888-224-4492

$1,000

Online or phone application. Cosigner release option. Reduce interest rate by 0.25% for automatic payment from checking or savings account.

Fees as low as 0%
Interest rates: LIBOR +.2.80%


Signature Alternative Loan
877.477.7537

$500

One monthly billing statement with Stafford loans. Borrower can apply for co-borrower release after 24 consecutive, on-time payments; subject to credit approval. Borrowers can postpone payments for a time if they experience temporary financial difficulty or return to school.

Fees as low as 0%
Interest rates: As low as Prime - .25% with a coborrower or Prime + .5% without.


Signature Alternative Loan

$500

One monthly billing statement with Stafford loans. Borrower can apply for co-borrower release after 24 consecutive, on-time payments; subject to credit approval. Borrowers can postpone payments for a time if they experience temporary financial difficulty or return to school.

Fees as low as 0%
Interest rates: As low as Prime - .25% with a coborrower or Prime + .5% without.

 


Connect Loan
866- 232-9574 

$1,000

Competitive variable rates from LIBOR Index* plus 3.30% to LIBOR Index plus 5.80% (APRs range from 7.32% to 10.82%†).

The interest rate margins are determined by the creditworthiness of the borrower and/or cosigner.

Credit-ready:
LIBOR Index plus 4.35% (8.85% APR†).


No Fee Education Loan
800-233-7824

$1,000

The interest rate will be reduced by .50%If the borrower has automatic payments deducted from a checking or savings account. No prepayment penalty.

0% Fees
Interest rates: Tiered based on credit; as low as Prime + 0%; highest is Prime + 3.95%.

Signature Alternative Loan

$500

One monthly billing statement with Stafford loans. Borrower can apply for co-borrower release after 24 consecutive, on-time payments; subject to credit approval. Borrowers can postpone payments for a time if they experience temporary financial difficulty or return to school.

Fees as low as 0%
Interest rates: As low as Prime - .25% with a coborrower or Prime + .5% without.

Key Alternative Loan
New applicants: 800-539-6657
Returning applicants: 800-539-9724

$500

Cosigner release option available after 48 consecutive on-time payments and favorable credit review. Master Loan Note provides students with a fast and simple renewal process. High approval process. High approval rating. Total aggregate amount $100,00.

0% Fees
Interest rates: 3 month LIBOR +3.30% cosigned; 3 month LIBOR + 3.85% non-cosigned.

 


Alterntive Loan repayment begins 6 months after graduation or when the student drops to less than half time enrollment.