Step 1: Compare Lenders and Apply
To simplify the process of choosing your lender, you may select a lender from Urbana’s Preferred Lender List. Visit the Great Lakes FastChoice website to compare and view lender benefits, loan disclosures, loan cost examples, and apply for a loan.
Step 2: Applicant Self-Certification
Before any money can be disbursed from a private education loan, the Private Education Loan Applicant Self-Certification form must be completed and submitted to the lender -- not Urbana’s Financial Aid Office. Many lenders provide this form during the loan application process, so if you did not complete it then, please download the form now and submit it to your lender.
In order to complete Section 2 of the Self-Certification, you need to fill in the Cost of Attendance (COA) and Estimated Financial Assistance portions. Find the COA on your Urbana Financial Aid Award Letter or, if you have not yet received your Award Letter, visit the Cost of Attendance section on our website, and select the undergraduate or graduate COA model.
Step 3: Authorization
Your lender will send Urbana University’s Financial Aid Office a request to certify your loan. We will email you an Authorization for Private Education Loan. You must complete and return the form to our office before we can certify your loan.