Private Loans

Although many students are able to finance their education through federal and institutional loan programs, some may need additional funding through private educational loans. Private loans are offered through private lenders and are intended to supplement other forms of financial aid after federal, state, university, scholarship, and other aid resources have been considered.

Because private loans are generally not federally guaranteed, the borrower must demonstrate credit-worthiness. This is based on an applicant’s personal credit history, including factors such as prior loan repayment records and current personal debt.

If you believe that you will need to seek private loan funds to help meet your education expenses while attending dental school, we suggest that you request a credit history report as soon as possible to evaluate your ability to secure private loan funds. Generally, a request for a credit history report requires four weeks to complete. Listed below are national credit reporting agencies that you may find helpful: 

To assist students and families in making informed borrowing decisions, the University of California Office of the President (UCOP) maintains a list of preferred private loan lenders that have been evaluated for competitive loan terms, borrower benefits, customer service, loan servicing, and lender stability. 

While the University carefully evaluates lenders included on the preferred lender list, students are not required to borrow from lenders appearing on the list. Students may select any lender of their choice, and the Financial Aid Office will certify eligible private loan applications from all lenders. 

Residency & Relocation Loans 

Private Loans for Residency & Relocation Expenses 

Some lenders offer specialized residency and relocation loans intended to assist graduating dental students with professional transition expenses not included in the school’s cost of attendance. Eligible expenses may include: 

  • Board examination and licensing fees 
  • Residency application and interview expenses 
  • Travel and transportation costs 
  • Relocation and moving expenses 
  • Temporary housing and related professional expenses 

International Students 

International students who are able to secure a qualified U.S. citizen or permanent resident co-signer may apply for private educational loans through participating lenders. 

International students who are unable to obtain a co-signer may wish to explore funding opportunities available through lenders in their home country or through international lending organizations. 

Private loan options that may not require a U.S. co-signer include: 

Please note that lender eligibility requirements and approved school/program participation may change over time. Students are encouraged to verify current eligibility directly with the lender before applying. 

Additional Information 

All borrowers applying for private educational loans are required to complete a self-certification form prior to loan disbursement. Most lenders provide this form as part of the application process. 

Students are encouraged to consult with a Financial Aid Advisor before applying for private loans, as additional financial aid resources may be available.