Private Alternative Loan Supplement Form - UCLA Extension 2025

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Alternative loans* are credit-based loans offered by a variety of third-party lenders. These loans are borrowed by the student and require the student to have a satisfactory credit history or a creditworthy co-borrower.
Ascent stands out among student loan lenders for considering applicants who lack a credit history and dont have a cosigner, as well as international and DACA students.
If you have questions, please contact the UCLA Extension Financial Aid Office at (310) 825-4246 or email finaid@uclaextension.edu. SUMMER 2024 FALL 2024 WINTER 2025 SPRING 2025 Page 10 10 1.
A Private Alternative Student Loan is a non-federal loan provided by an outside resource such as a bank or lending institution. Applications are submitted directly to the lender you choose. Interest rates as well as terms and conditions vary among lenders.
UCLA Extension Grants are awarded in the form of fee waivers of no more than $400 per quarter. You will be responsible for paying the balance not covered by your fee waiver, as well as any tangible materials fees included in your tuition.
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People also ask

Generally, there are two types of student loansfederal and private. Federal student loans and federal parent loans: These loans are funded by the federal government. Private student loans: These loans are nonfederal loans, made by a lender such as a bank, credit union, state agency, or a school.
No, private loans have no forgiveness option. And its highly unlikely discover would ever reduce whats owed, they have no reason or incentive to do so.

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