The Financial Aid Office has developed this guide in response to the upcoming federal loan changes that go into effect 7/1/2026. Students may need to apply for private student loans in addition to federal loans. It is our hope this this guide will help educate you about things you should be aware of and look out for when going through the private loan application proces
SUNY Potsdam does not maintain a preferred lender list. Students are encouraged to compare lenders independently, and you are free to use any lender you choose. Loan terms and conditions change frequently, making it difficult to keep an optimum list and to keep it current. Therefore, we offer the following information in an effort to provide you with the information to choose the best possible loan for your needs and circumstances.
Choosing a lender is a major decision. Taking the time to review, question, and interview a potential lender is important. The Financial Aid Office cannot recommend a lender as the perfect match for you. Inquiry with the lender is the best and most accurate method to know and understand the terms and conditions a lender offers.