Private Student Loans

Private/Alternative Loans

Preferred Lender Information

Beginning April 1, 2026, Roseman established a preferred lender list in accordance with federal requirements. The 2026-2027 preferred lender list is compiled using neutral, student‑centered criteria, including total borrower cost, repayment flexibility, loan approval timelines, customer service performance, total loan limits available to students, and cosigner release provisions. The list includes at least two unaffiliated lenders, and it is reviewed annually. There are no revenue-sharing arrangements with any lender.

You are not required to use a lender from this list. You may choose any eligible lender, and we will process all loan certifications impartially. Students may find more favorable rates or terms with lenders not included on this list.

We strongly encourage students to explore federal financial aid options before borrowing private loans. If you decide a private loan is appropriate, you may select any lender; all lenders are processed with equal timeliness. To complete a lender’s self‑certification, you will need your Cost of Attendance (COA) and Other Financial Assistance (OFA), which are available in your student portal.

FastChoice is available to help compare loan options from our preferred lenders. To apply, select a lender and apply directly through that lender. Students in Utah should select Nevada to locate Roseman University.

2026-2027 Preferred Lenders, listed alphabetically:

  • Ascent
  • Citizens Bank
  • College Ave
  • Earnest
  • Nelnet Bank
  • Sallie Mae
  • SoFi

Private Loan Basics

  • Private loans are credit‑based loans made in the student’s name and are available to students who can be approved by a lender.
  • A new application is required each academic year.
  • Loan amounts may not exceed the Cost of Attendance minus other financial aid.
  • Interest rates and eligibility requirements vary by lender. Some lenders may require ongoing Satisfactory Academic Progress (SAP).
  • Students are responsible for understanding each lender’s terms and requirements.
  • For the most current information, contact lenders directly, as terms may change without notice.

Roseman Success Fund Income Share Loan (ISL)

The Roseman Success Fund ISL is a last resort option available to ABSN students who cannot secure credit-based loans to pay their required tuition and fees. This is a loan that must be repaid. Students must be eligible for and accept the Federal Direct Subsidized (if applicable) and Unsubsidized loans to be eligible for the Roseman Success Fund. While this program is not the best option for financing your education, it is ONE option for incoming students. Please email financialaid@roseman.edu for more information.