Colorado School of Mines has a limited amount of private loan funds to assist high-need undergraduate students who have exhausted federal Title IV aid eligibility.  Eligibility and details for Mines Loans is specific to each loan fund, but all require a cosigner.  Interest does not accrue while you are in school, both repayment and interest begin 9 months after you leave Mines. Upon graduation or withdrawal from Mines, you will complete exit counseling with the Office of the Bursar to review your rights and responsibilities specific to the loan. If you graduate from your undergraduate program and continue to graduate school, you must contact the Office of the Bursar to request a deferment.   Repayment is separate from other loans, including federal loans.  Loan servicing is provided by UNISA, who will collect payments.

Once you accept a Mines Loan, you will be invited to complete the secure electronic Promissory Note through DocuSign. This Promissory Note outlines all of the Truth In Lending Act information required for private education loan borrowers.   Once you (the borrower) have signed the Promissory Note, you will be asked to enter the contact information for your cosigner.  Your cosigner will then receive a secure link to complete the electronic Promissory Note.  Only after both parties have complete the Promissory Note will the loan be paid.

Select the loan name you have been awarded to see information about your loan’s interest rate.