Eligibility | Apply | Types | Webinars | Policies
US Citizens and Permanent Residents | International Students | Non-Degree Seeking Students
 In order to be considered eligible for federal financial aid or Monterey Institute Scholarships, you need to be enrolled at least half time in a degree-seeking program.
If you will not be pursuing a degree program through the Monterey Institute, (i.e. certificate only or custom language course) you do not qualify for Monterey Institute Grants or Scholarships, or for Federal financial aid. However, you may be eligible to borrow a private educational loan.
In order to apply for a private loan for a certificate only program, you do not need to fill out the FAFSA, however there is an internal financial aid application that we require in order to determine your eligibility for private loan funds. Please contact the Office of Student Financial Planning to receive this application.
Private loans are credit-based loans, so while you may be eligible to apply, it does not guarantee that you will receive those funds. A lender may choose to decline your loan because of unsatisfactory credit.
Please visit the link below for more information on private loans:
http://www.edfund.com/students/studentpar.cfm?edfpage=/real/sv_intro.html#plc
Below is a list of our preferred private lenders. They are our preferred lenders because they are all zero fee, however, you are free to apply for a private loan with the lender of your choice. However, where possible, we recommend that you apply with the same lender each time you borrow. This increases the chance of combining your payments once you enter into repayment. If you borrow from multiple lenders, you'll have multiple monthly payments, which can be difficult to manage.
THE ACCESS GROUP
1411 Foulk Road
Wilmington, DE, 19803
1-800-282-1550
Website: www.accessgroup.org
COLLEGIATE SOLUTIONS
4343 N. Scottsdale Road, Suite 370
Scottsdale, AZ 85251
1-866-44 LOAN 4
Website: www.collegiatesolutions.com
CHELA
Chela Education Financing
388 Market Street, 12th Floor
San Francisco, CA 94111
1-866-342-4352
Website www.chelastudentloans.org
WELLS FARGO STUDENT LOANS
P.O. Box 5185
Sioux Falls, SD 57117-5185
1-800-658-3567
Website http://www.wellsfargo.com/student |
