Alternative Loans

Numerous lenders offer other types of variable rate educational loans for creditworthy students. Alternative loans are provided without consideration of financial need. These loans are not part of the federal government loan programs - they are credit-based and may require a cosigner. Alternative loans are generally more expensive than federal student loans and should only be used when all other options have been exhausted. A complete financial aid file is required before Vernon College will certify an alternative loan application. Due to less favorable repayment options, Vernon College will not certify an alternative loan for any student that has Direct loan eligibility. Alternative loans will follow the same disbursement policies as Direct subsidized and unsubsidized loans.

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TEACHING. LEARNING. LEADING.
Monday-Thursday 8:00 a.m. - 6:00 p.m. // Friday 8:00 a.m. - 12:00 p.m.
  • Vernon Campus
    4400 College Drive
    Vernon, TX 76384
    940.552.6291
  • Century City Center
    4105 Maplewood
    Wichita Falls, TX 76308
    940.696.8752
  • Skills Training Center
    2813 Central Expressway East
    Wichita Falls, TX 76302
    940.766.3369
  • Seymour Learning Center
    200 Stadium Dr
    Seymour, TX 76380
    940.889.3133