Alternative loans are designed to assist students with educational costs after all other financial aid programs are utilized. Interest charges on these loans vary depending upon the lender and the loan type.

Students need to be credit worthy borrowers and often times need a co-signor for the loan. The minimum loan a student can borrow is normally $500 per academic year.

Students need to complete a separate application available in the Financial Aid Office.

Alternative loan programs offered through Bismarck State College:

CLICK HERE TO VIEW INFORMATION AND WEB ACCESS FOR ALTERNATIVE LOANS.

The Gabriel J. Brown Trust

The Gabriel J. Brown Trust has lowered their borrowing rate to 5%. The trust has funds available and will accept applications until the funds have been depleted.

For more information on eligibility, visit the Gabriel J. Brown Trust Website, your financial aid office, or write to:

• Susan Lundberg, Trustee
• Gabriel J. Brown Trust
• 112 Avenue E West
• Bismarck, ND 58501

For Minnesota Residents Only

For additional funds for college expenses, contact the Minnesota Higher Education Services Office for information on the SELF-Loan.

For more information, visit their web site at: http://www.mheso.state.mn.us/mPg.cfm?pageID=353