Wyoming Catholic College’s 2015 decision to forgo participation in the Federal Student Loan and Grant Programs means that the loan application process looks a bit different for our students than it does for their peers at most other higher educational institutions. On this page, we have collected a number of loan providers and financial tools to assist our students in finding alternative loan opportunities.

Education Freedom Fund
The College is pleased to highlight its participation in the Education Freedom Fund’s unprecedented student loan program. This fund, a policy idea and investment concept that originated from the Heritage Foundation, aims to be a catalyst for disruption in the higher education marketplace by providing schools who want to be fully removed from the government student loan process with an alternative funding vehicle. Learn more about this unique partnership HERE.

In addition to this partnership, College has identified a number of other lenders from which our students may secure a loan.

Notre Dame Federal Credit Union

Advantage Education Loans

ISL Education Lending

Citizens Bank Student Loans

Brazos Higher Education Loans (for Texas residents only)

If students can qualify on their own for a loan, they will not need a co-signer, but having a co-signer could give them a better interest rate. If they cannot qualify for a loan on their own, they must find a co-signer. If students are unable to qualify for a loan even with a co-signer, please contact the Financial Aid Office. The lender will disburse the loan at the beginning of each semester. Interest begins to accrue as soon as the loan is disbursed.

The ELM Select comparison tool and the Tuition U calculator below are provided to assist current and future students in selecting the option that best fits their situation. Lenders are recommended based upon their historical lending with our students or are based upon the quality of products and services they provide to students and families. We have carefully considered our selections in order to provide you with the best possible list of suggested lenders. However, if you wish to use another lender that is not on this list, you have the right to do so.

Elm Select Loan Comparison Tool

Elm Select allows borrowers to compare lenders at a glance. This includes interest rate, fixed and variable interest, etc. (As a pilot program that is being run for the first time during the Fall semester of 2024, the Educational Freedom Fund does not appear in the comparison tool. The other five lenders listed above are available.)

Tuition U. Loan Calculator Tool

This loan calculator is a simple tool to compare the total cost of your loan over the loan term. To use the calculator, visit Tuition U., select the “Students” drop down menu, click “Paying for College,” and scroll down to the Student Loan Repayment Calculator and click “Take Me There.” Next, fill in the loan amount, interest rate, loan term, and years until graduation. The calculator will display the estimated monthly payment, total interest, plus principal, and total payments. Finally, click on the “Pay Interest While in College” button to see the savings of paying your interest monthly while in school compared to having it compound.