Private loans may assist with college expenses that may not be covered by federal loan programs or other financial aid. Private loans are offered by a number of lenders but typically are credit-based, and they may have higher interest rates and fees than federal loans.
Private loans which must be certified by the College can be certified for a maximum of the student's estimated cost of attendance, as indicated on the student's financial aid award letter, minus other aid the student will be receiving for the academic year.
Mills College does not have a list of preferred private lenders. The College has no preference regarding a student's choice of lender. The College does not have special business relationships with any student loan providers and does not receive financial benefits from any lenders.