Private alternative loans provide supplemental funding to help pay direct and indirect educational expenses. Parents or students apply for these loans directly with private lenders; however, Bentley is required to certify your loan eligibility. Before considering alternative loans, make sure you have determined whether you are eligible for federal loans such as the Stafford and PLUS Loans, as these loans may offer more favorable terms and conditions. Private alternative loans are not based on financial need, but the borrower and co-signer must meet credit and other eligibility requirements set by lenders. You may use any lender you choose. We encourage you to carefully compare rates and terms of alternative loans before making any decision on what loan program is best for you.