Private student loans are available through a variety of lenders. These loans have variable interest rates and repayment terms, and typically require a credit check.
If you are in need of a private loan, you can contact your personal bank or other lending institutions. You can also utilize UTA’s FAST Choice service to assist you in finding a private loan lender that fits your needs.
Interest Rate |
Annual Limits |
Repayment Terms |
Varies by Lender |
Students may borrow up to the cost of attendance minus any other financial aid. |
Varies by Lender |
Private Loan Application Process:
- If you are approved for a private student loan, your lender will send the UTA Office of Financial Aid your application information so that we may certify the loan.
- Certification requests are normally completed within 5-7 days after we receive the application.
- Your lender will send the loan funding to us to disburse to your MyMav account approximately 14-20 days after certification is completed and you have signed all disclosures on their end.
- PLEASE NOTE: The earliest a loan can disburse for the term is 10 days prior to the first day of the semester.
- If your private loan (and any other financial aid) exceeds your charges, the Office of Student Accounts will issue a refund to you. View our Financial Aid Disbursement page for more information.