The certification of private loans can take 2 to 3 weeks to finalize depending on the completion of the steps below. We recommend that students apply for a private loan at least 1 month prior to the start of their given term. Each lender has their own requirement on eligibility criteria and enrollment status (half-time, less-than-half-time, or full-time) within a given term of study will determine your eligibility for that loan.
You cannot proceed until you have applied and been approved for a private loan.
Please note that the amount of private loan funding we can certify cannot exceed your annual cost of attendance minus other financial aid.
The academic years for the McCormick School of Engineering & Applied Sciences and the School of Communication span Summer 2026 through Spring 2027. The academic years for all other programs span Fall 2026 through Summer 2027.