Alternative Loan Self-Certification Instructions

New federal regulations require alternative loan borrowers to provide their lender with a "Private Education Loan Applicant Self-Certification" form.

Step 1: Print out the Private Education Loan Applicant Self-Certification form

Step 2: Log into BroncoWeb to find the information need for SECTION 2 of the form.

• For Answer A, you will need to know if you are requesting a loan for 1 or 2 semesters.
  For summer 2012, go to BroncoWeb> Student Center> View Financial Aid> 2012> Budget,Resources and Need> Estimated Financial Aid Budget.
  For Fall 2012, Spring 2013, and Summer 2013: go to BroncoWeb> Student Center> View Financial Aid> 2013> Budget,Resources and Need> Estimated Financial Aid Budget.
  Click to see screen shots of navigation.

• Use Term Total for a 1 semester loan or Total Cost of Attendance for 2 semester loan.
• For a summer loan, you will use a Term Total.
  Click to see screen shots of cost of attendance information used for Answer A
  
  
• For Answer B, click "Return" on the Estimated Financial Aid Budget; then "Return" on the Budget, Resources and Need screen.
• Use the "Offered" amounts on the Award Summary screen for Answer B.
  Click to see screen shots of Award Summary information

Step 3: In SECTION 3 of the form you are asked for the "Period of Enrollment Covered by Loan.

• On the chart below, find the semester(s) for which you are seeking a private loan.
  
  

Step 4: Send the completed form to the lender you have choosen for an alternative loan.

• Each lender may have different instructions on how they want you to send the Private Education Loan Applicant Self-Certification Form.

Posted: 05.15.2012