Private Loans

Various lending institutions offer loans to help cover the gap between the cost of education and the amount of federal aid a student may be eligible to receive. Private loans are made by lenders and may have terms and conditions that are less favorable than the Federal Stafford or Federal PLUS loans. A cosigner may be required to meet the program's credit criteria. Interest rates are variable.

If you decide to apply for a loan to help pay for your education, you have the right to choose any lender you wish. As a borrower, you should understand that interest rates vary and are typically based on the prime rate or the Treasury Bill Rate. Interest rates are often determined by the borrower’s and/or cosigner’s credit rating and credit history. Terms and conditions will vary by lender, so be sure to read all of the details on the loan before you borrow.

If at any point in the process you have questions or need more information, an IADT financial aid representative will be happy to provide assistance.

To learn more about IADT, our degree programs or how to apply for admission, please contact us for more information.

The financial aid process and available programs may vary based upon the state where you live and the campus you choose to attend. Please refer to each school's catalog for a comprehensive list of available programs and requirements.
Financial aid is available for those who qualify. School grants or scholarships are based on established criteria as published in IADT catalogs and are awarded after verification that the conditions of eligibility have been met.
International Academy of Design & Technology is accredited by the Accrediting Council for Independent Colleges and Schools to award associate's degrees and bachelor's degrees. For more information on IADT's accreditation, visit the ACICS website at: http://acics.org.
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