Yes, Tufts has a formal process to review the loan offerings of most of the major lenders. We look at interest rates, borrower benefits, and customer service when recommending private loan lenders to our students. To see the lenders on our preferred list, please visit ELMOne.
Lenders offer private loan programs with different rates, fees, repayment terms, and approval requirements. We suggest that you carefully review each program to compare the terms and conditions before deciding which loan may be appropriate for your needs. Additionally, you are under no obligation to borrow from one of these lenders. If you would like to borrow from a lender who is not on this list, you can simply select the lender of your choice and apply directly with that lender. The lender will be responsible for getting your loan information to us.