Financial Aid
Contact us
School Code: 001044
Contact Us:
By Phone: (205) 366-8844
Toll Free : 1-800-841-5722
By Email: SCFA@STILLMAN.EDU
By Fax : (205) 247-8106
Mailing Address:
Stillman College
Financial Aid Office
Hay Center Room 117
3600 Stillman Blvd
Tuscaloosa, AL 35403-0001
Private Student Loans
- Categorized in: Financial Aid
How to Apply for a Private Loan: The following is a listing of lenders that offer private educational loan programs: (Clicking the links will take you to the lenders' web sites). Students are required to submit the Federal Private Education Loan Applicant Self-Certification Form to their lender to when they apply for a private loan.
Stillman does not promote, endorse, or recommend any private loan lender. The lenders listed above are merely a listing of lenders our students have used. Students are not obligated to use them. The credit check performed by many lenders expires after 90 - 120 days. Therefore, students should not apply for a private loan more than 3 months prior to the start of the term. However, due to processing time, students should apply as soon as possible within the 3 month window. In order for funds to be available to pay tuition and fees, applications should be submitted to your lender by:
- June 1st for fall terms
- November 1st spring terms
- March 1st for summer terms
Disbursements: Most private loan disbursements are made via Electronic Funds Transfer (EFT) from your lender to the University. These funds will be applied to the student's account with any excess, after all University fees are satisfied, being mailed to the student’s local mailing address.
Changing Loan Amounts: Students are encouraged to only borrow needed funds. If the loan approval is more than is desired, students can reduce the amount of the loan by e-mailing the Financial Aid Office at SCFA@STILLMAN.EDUor by contacting their lender when they receive the lender’s disclosure statements.
Prior Institutions: We strongly encourage students who have borrowed private loans at other institutions to retain their previous lenders. This will avoid making multiple loan repayments in the future.

