YCCC does not have a "preferred lender list" for alternative loans. The following have issued alternative loans to YCCC borrowers in the last ten years.

Maine Educational Loan Authority

Sallie Mae

College Ave 

SOFI 

 

Should YCCC provide information regarding a private education loan from a lender to a prospective borrower, YCCC will provide information to the prospective borrower, including:

  • Information required under the Sec. 128(e) of the Truth in Lending Act (15 U.S.C. 1638 (e)
  • That the prospective borrower may qualify for loans or other assistance under Title IV, HEA Programs; and
  • That the terms and conditions of Title IV, HEA Program loans may be more favorable than the provisions of private education loans.