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A Culture of Care

Read Smith’s plans for the fall 2021 semester.
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Private Student Loans

Private student loans are nonfederal educational loans in the student's name, offered through private lenders. For U.S. citizens and permanent residents, we recommend that you first explore all federal loan options before considering nonfederal private loans. International students generally require a qualified U.S. co-signer. We highly recommend that you speak with a financial aid counselor before taking out a private student loan. Please contact Student Financial Services to make an appointment.


You are able to apply for a loan from any lender that offers private education loans. Private lenders check your credit history to see if you qualify for a loan. In many cases a coborrower may be required to qualify for a loan and may help lower your cost of borrowing. Interest rates, fees and qualifications vary, so be sure to review loan details provided by lenders.