Alternative Loans
The College Access Loan is a non-need based state loan program administered by the Texas Higher Education Coordinating Board. To be eligible, a student must be a Texas resident, enrolled at least half-time, meet the UTSA Satisfactory Academic Progress standards and obtain a credit worthy co-borrower. Alternative loans are intended to supplement traditional financial aid programs. The UTSA Office of Student Financial Aid and Enrollment Services encourages you to consider your options for Federal and State financial aid programs before applying for an alternative loan.
Other Alternative loan programs are available through private lenders. Loan terms, interest rates and fees vary by lender. Students are encouraged to research the various loan options and select the loan program that best fits their circumstances. Students must request an application directly from the lender, although many lenders will allow you to apply on-line.
- Students who wish to borrow an alternative loan may select a lender of their choice.
- After you apply for pre-approval, you will be sent an application and instructions from the lender. Generally, you will be requested to return the signed application to the lender. UTSA will receive a certification request and notify your lender of your eligibility.