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Education loans are available from a number of private lenders. These loans require a credit check, and, in most cases, a cosigner. Private loans must be repaid, and repayment starts once the student is no longer enrolled at least 1/2 time. Listed below are several lenders with which Mount Mercy College has worked with. It is the student's right to choose any lender, even if they are not listed below.

Name & Phone	Eligibility	Annual Limits	Repayment
Bank of America Private Loan for Undergraduates 1-800-344-8382	• Students enrolled at least half-time at an eligible school • Creditworthy student or co-signer	• Educational Cost less Financial Aid • Minimum $1,000 • Maximum None • Maximum of all Educational Debt None	• Begins 6 months after graduation, leaving school, or dropping below half-time status • Minimum monthly payment of $50 • Up to 20 years
Citibank Citiassist Undergraduate Loan 1-800-745-5473	• Full-time to part-time students enrolled at an eligible school • Creditworthy student or co-signer	• Educational Cost less Financial Aid • Minimum None • Maximum None • Maximum of all Educational Debt $120,000	• Begins 6 months after graduation or leaving school • Minimum monthly payment of $50 • Up to 12 years
Iowa Student Loan Partnership Loan 1-800-243-7552	• Students enrolled at least half-time at an eligible school • Creditworthy student or co-signer	• Educational Cost less Financial Aid • Minimum $500 • Maximum $20,000 • Maximum of all Educational Debt $80,000	• Begins 6 months after graduation, leaving school, or dropping below half-time status • Up to 20 years
U.S. Bank No Fee Education Loan 1-800-242-1200	• Full-time to part-time students enrolled at an eligible school • Creditworthy student or co-signer	• Educational Cost less Financial Aid • Minimum $1,000 • Maximum $12,000 • Maximum of all Educational Debt $100,000	• Begins 6 months after graduation or leaving school • Begins 6 months after final disbursement for part-time students • Minimum monthly payment of $50 • Up to 15 years
Wells Fargo Collegiate Loan 1-800-658-3567	• Full-time to part-time students enrolled at an eligible school • Creditworthy student or co-signer	• Educational Cost less Financial Aid • Minimum $1,000 • Maximum $25,000 • Maximum of all Educational Debt $100,000	• Begins 6 months after graduation or leaving school • Minimum monthly payment of $50 • Up to 12 years