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What are alternative loans and when can they be used?

April 26, 2017alternative Loans Used

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What are alternative loans and when can they be used?

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An alternative loan is a last resort when all other forms of loan have been exhausted and can be used to pay any balance due on a student’s account up to the difference of the financial aid awarded and the student’s budget. You can also see a listing of the lenders that offer alternative loans at ElmResources [http://www.elmselect.com/oll/Agreement].