Private / Alternative Loans
What is an Alternative Loan?
If you do not have enough funding to pay for your tuition, you may apply for a bank loan in your home country or you can apply for a bank loan from a US bank.
If you are planning to apply for a loan in your home country, please contact your bank for further information. If your bank requires it, the MUM Admissions Office can issue a Provisional Acceptance Letter for the loan application.
You may qualify for an Alternative Loan from a US bank if you have a co-signer who is a U.S. citizen or permanent resident with a good credit rating.
How can I get an Alternative Loan?
You may use any educational loan available from banks in the United States.
- Choose your private loan with FASTChoice (all students)
- Midwest One Bank, only for Master’s in Software Development and MS Computer Science. MUM cosigns loans with the student but receives no benefit or advantage from this arrangement disclosure