Some of our students have the need to borrow additional funds from private sources.  While we recommend that students and families exhaust allof the Stafford and PLUS eligibility, we realize this is not possible in all circumstances.  Private loans are more costly, riskier and typically require a co-signor and have a greater affect on long term credit scores of the borrower and co-signor.

At this time we are not making any recommendations of lenders to use for this type of loan.

New York State Higher Education Services Corporation, a New York State Agency, will soon be offering a service wherer students can compare private loans on one site with one credit check.  SUNY Oswego will be recommending that our students use this produce.  We hope it will be available by mid-July.