Alternative (Private) Loans are privately-funded loans available to students and parents. We strongly suggest that students exhaust their Federal Loan eligibility before applying for an alternative loan. In partnership with URI, the ELM Select web site below provides a list of lenders based upon their historical lending with our students. Students and their parents/guardians have the right and ability to select the education loan provider of their choice, and are not required to use any of the lenders listed. If you wish to use another lender that is not on this list, you have the right to do so. Please note that information on this site may not be updated or timely. Be sure to read carefully final loan agreements and promissory notes to understand their payment terms and other obligations.