We encourage families to shop around for the loan product which best meets their needs. This includes reviewing private loans and/or a Direct PLUS Loan. Private loans are credit based, so if the loan is to be borrowed by the student, they will most likely require a cosigner. Some lenders also offer private loans that a parent, or other interested party, can apply for in their own name on behalf of a student. Once a loan product is chosen, students need to submit an application and if credit is approved, W&J will be contacted for certification. Most private loans are applied for directly on the lender’s website.