Skip to Main Content

Alternative Loans

Alternative or Private Loans

Alternative, or private educational loans, are designed to assist students and their families who are either not eligible for federal loans, or who need additional education financing. Loan approval is generally based on your credit and a co-signer may be required. Alternative loans are available to students who are enrolled and pursuing a degree, certificate or license at Louisiana Delta Community College.

Careful consideration should be made in determining the amount you would like to borrow. This is a loan that must be repaid.

Please Note: As a result of the Truth in Lending Act (TILA) of 2009, borrowers will be required to submit a Private Education Loan Applicant Self- Certification to their lender before funds can be disbursed. Your lender will provide you with this form when you apply for the Private Alternative Loan. You can also locate the Self-Certification form online at:

We would like to assure all educational loan borrowers the Office of Financial Aid does not receive any form of payment or benefits from lenders in exchange for listing them as a lender. Our office fully adheres to NASFAA’s Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals.

There is no obligation to select a lender from our lender listing. Borrowers have the right to select a lender of their choice. Per federal and institutional guidelines, the college will process any loan from any lender.

Finally, we wish to point out that our list of lenders is not in any order of preference.

We recommend that a borrower’s lender choice be carefully chosen as to what is best for the borrower and with the intent that one will remain with the same lender throughout enrollment at LDCC.


Disclosure Information


LendKey Disclosure

SallieMae Smart Option Student Loan

SallieMae Disclosure

Upcoming Events

This site provides information using PDF, visit this link to download the Adobe Acrobat Reader DC software.

More Information